This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.com.

1445 Harrison St
Oakland, CA 94612

$10M LOAN AT 3.65% FINANCING FOR 7YRS · Multifamily Property For Sale · 118 Units

Apartment Buildings California Oakland 1445 Harrison St, Oakland, CA 94612

Investment Highlights

  • RECESSION PROOF INVESTMENT-TRUE HEDGE AGAINST INFLATION
  • Existing Cash on Cash Return 11% Market Cash on Cash Return 27.7%
  • 35% Upside in the Rents
  • Existing Cap 6.54%, Market Cap 10.1%
  • Existing Gross Rent Multiplier 11 Market Gross Rent Multiplier 7.9
  • Entitled Lot next door to build 127 units for $5,995,000

PROPERTY FACTS

No. Units 118 Building Size 115,750 SF
Property Type Multifamily Average Occupancy 100%
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
 No. Stories 7
Apartment Style Mid Rise Year Built/Renovated 1925/1994
Building Class C Parking Ratio 0.87/1,000 SF
Lot Size 2.96 AC
No. Units 118
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
Apartment Style Mid Rise
Building Class C
Lot Size 2.96 AC
Building Size 115,750 SF
Average Occupancy 100%
No. Stories 7
Year Built/Renovated 1925/1994
Parking Ratio 0.87/1,000 SF

Unit Amenities

  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Storage Space

Links

zoning

Zoning Code Multi-residential
Multi-residential
{{content}}
 

  • Listing ID: 27795008

  • Date on Market: 2/20/2023

  • Last Updated:

  • Address: 1445 Harrison St, Oakland, CA 94612

More public record information on 1445 Harrison St, Oakland, CA 94612

The Oakland-Downtown Multifamily Property at 1445 Harrison St, Oakland, CA 94612 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1445 Harrison St, Oakland, CA for sale Interior Photo- Image 1 of 1
Grand Lobby with Exquisite Details

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.