Price Reduction! 1255 26th St 13 Unit Apartment Building $2,895,000 ($222,692/Unit) 8.30% Cap Rate Oakland, CA 94607
EXECUTIVE SUMMARY
The "Noodle Factory" is a 13 unit Live/Work loft-style building located in the McClymonds neighborhood of West Oakland. The property consists of 11 Live/Work lofts and 2 commercial condos. Units have radiant floor heating, granite countertops and double paned windows. Some units have decks for outdoor space. Each unit has it's own APN allowing a new owner a possible future exit through condo sales.
The Noodle Factory is located in the McClymonds neighborhood of West Oakland. The building boasts a Walkscore of 89 and tenants are able to walk to McClymonds Mini-Park and Poplar Playground. Tenants also have quick access to both highways 80 and 580.
The Noodle Factory is located in the McClymonds neighborhood of West Oakland. The building boasts a Walkscore of 89 and tenants are able to walk to McClymonds Mini-Park and Poplar Playground. Tenants also have quick access to both highways 80 and 580.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Deck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 13 | - | - |
1 of 1
Walk Score®
Very Walkable (87)
Bike Score®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 005-0439-027-00 | Improvements Assessment | $510,748 |
| Land Assessment | $218,788 | Total Assessment | $729,536 |
