Christopher Danesi at RE/MAX Accord
East Bay Condo ManiaMLS: 41076507 $8,350,000
Bedrooms with Baths175 SANTA ROSA AVE
OAKLAND CA 94610MLS: 41076507
Status: ACTIVE
List Price: $8,350,000
Price per SQFT: $240
Square Footage: 34767Bedrooms
Baths
Year Built: 1967
Zip Code: 94610
Listing Remarks
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.
Address: 175 SANTA ROSA AVE OAKLAND CA 94610
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: 2024-10-16 LIVING AREA SQ FT: 34767 YEAR BUILT: 1967 APPLIANCES INCLUDED: Gas Water Heater CONSTRUCTION: Stucco FLOORING: Vinyl, Carpet HEATING: Electric, Wall Furnace COOLING: None LOT FEATURES: Regular PARKING FEATURES: Below Ground Parking, Space Per Unit - 1, Garage Door Opener 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: $8,350,000 20% Down Payment: $1,670,000 Loan Amount: $6,680,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $42,222 Estimate does not include taxes, fees, insurance.
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Property Location: 175 SANTA ROSA AVE OAKLAND CA 94610
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Condo Mania Agent:
Chris DanesiRE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Last Updated: 2024-10-17