Christopher Danesi at RE/MAX Accord
East Bay Condo ManiaMLS: 41073439 $4,600,000
Bedrooms with Baths555 OAKLAND AVE
OAKLAND CA 94611MLS: 41073439
Status: ACTIVE
List Price: $4,600,000
Price per SQFT: $272
Square Footage: 16923Bedrooms
Baths
Year Built: 1965
Zip Code: 94611
Listing Remarks
Proud to present 555 Oakland Avenue, a well-maintained 19-unit apartment community located in Oakland's Grand Lake neighborhood. The property consists of one (1) 2 bedroom - 2 bathroom Penthouse, three (3) 2 bedroom - 1 bathroom units, and fifteen (15) 1 bedroom - 1 bathroom units totaling 16,923 square feet. Amenities include 19 garage parking spaces, balconies with views (select units), and an on-site laundry room. This pride of ownership property stands out for its pristine cleanliness, exceptional upkeep, and excellent occupancy history demonstrating the strong demand for this location. This is a rare opportunity to secure a turnkey multifamily asset in one of Oakland's most desired neighborhoods. 555 Oakland Avenue is located just three blocks from the Piedmont Avenue shopping district. Residents benefit from a range of choices, from Michelin-starred restaurant Commis to the historic Piedmont Theatre to the casual Barney's Gourmet Burgers, as well as a variety of other restaurants and shopping options. Commuters will appreciate the close proximity of city bus lines and the MacArthur BART Station, which allows access to the entire Bay Area. Additionally, the property is a short 0.4 mile walk to the hospital (Oakland's largest employer)
Address: 555 OAKLAND AVE OAKLAND CA 94611
Listing Courtesy of TIMOTHY WARREN of NAI NORTHERN CALIFORNIA
Condo Mania Agent:
Chris DanesiRE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard LISTING CONTRACT DATE: 2024-09-17 LIVING AREA SQ FT: 16923 YEAR BUILT: 1965 CONSTRUCTION: Frame FLOORING: Vinyl, Carpet HEATING: Wall Furnace COOLING: None INTERIOR FEATURES: Elevator LOT FEATURES: Corner Lot PARKING FEATURES: Garage, Garage Faces Side PROPERTY TYPE: Commercial Sale PROPERTY SUB TYPE: Lowrise (1-3 Flrs) ROOF: Rolled/Hot Mop LISTING AGENT: TIMOTHY WARREN LISTING OFFICE: NAI NORTHERN CALIFORNIA
Estimated Monthly Payments
List Price: $4,600,000 20% Down Payment: $920,000 Loan Amount: $3,680,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $23,260 Estimate does not include taxes, fees, insurance.
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Property Location: 555 OAKLAND AVE OAKLAND CA 94611
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Condo Mania Agent:
Chris DanesiRE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Last Updated: 2024-09-19