This Multifamily Property is no longer advertised on LoopNet.com.

2507 Adeline St
Oakland, CA 94607

$1,000,000 Price Reduction | 6.38% Cap Rate · Multifamily Property For Sale · 9 Units

INVESTMENT HIGHLIGHTS

  • Property Will Be Delivered 100% Vacant | 11.35% Projected CASH ON CASH RETURN
  • Condo Quality Townhomes Ranging in Size From 1,857 Square Feet To 2,727 Square Feet
  • Garages/Flex Space Constructed to Allow for Conversion to Second Unit
  • Three Newly-Constructed Triplexes, Each on its Own Parcel
  • Designer Finishes Include Anderson Windows, Commercial Grade Thor Appliances, and White Oak Hardwood Floors
  • Stunning Modern Development Completed in 2022 by Renowned Architectural Firm Baran Studios

PROPERTY FACTS

No. Units 9
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class B
Lot Size 0.25 AC
Building Size 19,585 SF
No. Stories 4
Year Built 2022
Parking Ratio 0.41/1,000 SF

UNIT AMENITIES

  • Balcony
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Stainless Steel Appliances
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Deck
  • Dining Room
  • Double Pane Windows
  • Instant Hot Water
  • Mother-in-law Unit
  • Mud Room
  • Pantry
  • Patio
  • Window Coverings

SITE AMENITIES

  • Controlled Access
  • Courtyard
  • Fenced Lot
  • Gated
  • Car Wash Area
  • Gas Range
  • Recycling
  • Trash Pickup - Curbside
  • Storage Space
  • Bicycle Storage
  • Car Charging Station
  • Sundeck

PROPERTY TAXES

ZONING

Zoning Code HBX-4 (Housing and Business Commercial Zone)
  • Listing ID: 25454627

  • Date on Market: 4/12/2022

  • Last Updated:

  • Address: 2507 Adeline St, Oakland, CA 94607