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200 Montecito Ave
Oakland, CA 94610

Multifamily Property For Sale · 21 Units

Investment Highlights

  • Large Units: 81 Percent Two-Bedroom Units and 1,067 Square Foot Average Unit Size
  • Rental Upside: 41.8 Percent Potential Rental Upside Offers Durable Current NOI and Strong Growth Potential
  • All units have fireplaces and balconies
  • Ideal Adam’s Point Location: Two Blocks to Lake Merritt, Whole Foods, and Equator Coffee
  • Showings: Thurs 8/11 (10AM to Noon) & Wed 8/17 (Noon to 2PM)
  • City of Oakland has approved soft-story exemption

PROPERTY FACTS

No. Units 21
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.25 AC
Building Size 26,240 SF
Average Occupancy 90%
No. Stories 6
Year Built 1967
Parking Ratio 0.8/1,000 SF

Unit Amenities

  • Balcony
  • Dishwasher
  • Heating
  • Kitchen
  • Range
  • Views
  • Walk-In Closets
  • Dining Room

Site Amenities

  • Controlled Access
  • Gated
  • Disposal Chutes
  • Elevator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $2,400 800
2+1 16 $3,250 1,100
2+2 1 $5,000 1,600

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010-0773-001-00
Land Assessment
$2,427,600
Improvements Assessment
$5,645,190
Total Assessment
$8,083,395
  • Listing ID: 26310872

  • Date on Market: 8/2/2022

  • Last Updated:

  • Address: 200 Montecito Ave, Oakland, CA 94610

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