Property Description

175 Santa Rosa Avenue is a 33-unit apartment community located on a quiet tree-lined street in Oakland’s Grand Lake Neighborhood. The property consists of a mix of one and two-bedroom units with a large 2,000+ square foot penthouse occupying the fourth floor. Amenities include 34 garage parking spaces, three on-site laundry rooms, and covered balconies. Capital Improvements include a new roof, fresh exterior paint, new hot water heaters, and an updated intercom system. The property offers excellent in-place cash flow with over $220,000 of annual rental upside allowing a new owner to maximize their return over time. The building is seismically exempt making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.

Features
: Electric, Wall Furnace
: Gas Water Heater
: Carpet, Vinyl
: Regular
: Garage Door Opener, Space Per Unit - 1, Below Ground Parking
: Rolled/hot Mop
Address Map
CA
Alameda
Oakland
94610
175 Santa Rosa Ave
0
W123° 44' 57.5''
N37° 49' 9.4''
North on Oakland Ave
MLS Addon
NAI Northern California
Timothy Warren
twarren@nainorcal.com
: Stucco
R02008347
OBOJMTB
: Intercom
: Public

Commercial Sale For Sale

175 Santa Rosa Ave, Oakland, California 94610

34,767 Sqft
$8,350,000
Listing ID #41076507
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 41076507
Price : $8,350,000
Square Footage : 34,767 Sqft
Year Built : 1967
Lot Area : 19,300 Sqft
Status : Active
Property SubType : Lowrise (1-3 Flrs)
Agent info
Michael Roberts
Contact Agent