The Westlake 1560 Jackson St 33 Unit Apartment Building $7,000,000 ($212,121/Unit) 6.09% Cap Rate Oakland, CA 94612

NAI NorCal is excited to present 1560 Jackson St, a turnkey 33-unit multi-family asset with substantial rental upside. Renovated to modern standards, the majority of units feature granite countertops, stainless steel appliances, and new fixtures. With notable conveniences including 25 off-street parking spaces, laundry, remote entry and separate gas and electric metering, this property presents an attractive prospect for multifamily investors. The building's proximity to Lake Merritt, Downtown Oakland, and two BART stations enhances its desirability, making it an ideal asset for those seeking multifamily opportunities in the thriving East Bay area.
Located in a historic, sought after neighborhood, The Westlake enjoys a coveted position near Oakland's Central Business District. Situated just two blocks from the picturesque Lake Merritt, residents can easily access walking trails and attractions around the lake. Downtown Oakland, with its array of dining, shopping, and entertainment options, is also within close reach. Additionally, convenient access to two BART stations provides seamless connections for commuters and young professionals. The area's dynamic atmosphere, coupled with its proximity to notable landmarks and amenities, makes The Westlake an enticing prospect for multifamily investors seeking a prime location in the East Bay market.