305 Vernon St

Oakland, CA 94610
$1,900,000
Courtesy of Keller Williams Realty

Description

To access the marketing package, copy/paste: https://bit.ly/joeywanglistings. Oakland’s 305 Vernon Street is the perfect multifamily buy for an investor seeking a crown jewel for their portfolio. More than 6,500 sq. ft. in size, this nine-unit masterpiece (six studios, one 1BR/1BA, one 1BR/1.5BA, one 2BR/2BA) will be delivered fully vacant allowing the new owners to not only handpick their tenants and set market rents, but also customize each unit (or upgrade the entire building) to increase income potential. Located in the desirable Adams Point neighborhood, 305 Vernon is close to everything an occupant could want. Whole Foods?—Two blocks away. Lake Merritt?—Four blocks. The fantastic shopping, dining, and entertainment options of Grand Avenue and Lakeshore Avenue?—A quick eight-minute bike ride. Marquee employers such as Kaiser, Alta Bates, and PG&E?—A three-minute drive. Anyway you slice it, this is a rare opportunity to own a pride-of-ownership asset, delivered fully vacant, with laundry facilities onsite.

  • Property Details
      • Acres:0.1722
      • Property type:Multi-Family
      • Year built:1912
      • Subdivision:ADAMS POINT
      • County:Alameda
      • Original List Price:$1, 900, 000
      • MLS #:41066059
      • Cost:1900000
      • Property subtype:Apartment
      • MLS #:41066059

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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