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SELLER FINANCING - 5% Interest Rate 663 15th St

4 Unit Apartment Building $995,000 ($248,750/Unit) Oakland, CA 94612

Apartment Buildings California Oakland 663 15th St, Oakland, CA 94612

Investment Highlights

  • The property consists of four (4) 1-bedroom, 1-bathroom units
  • Excellent central location earning a WalkScore of 93 and a BikeScore of 95
  • Just Four blocks from the 12th Street BART Station offering complete Bay Area access
  • Individually metered for Water, Gas, and Electricity greatly reducing operating expenses
  • Easy access to both Oakland's City Center, a major Downtown hub, and Preservation Park

Executive Summary

SELLER FINANCING AVAILABLE! The Mitchell Warren Team proudly presents 663 15th Street, a well- positioned 2,812 SF four-plex nestled in the heart of Downtown Oakland. The property features four (4) 1-bedroom, 1-bathroom units, each individually metered for gas and electricity greatly reducing operating expenses and increasing cash flow. Strategically located, residents will enjoy easy access to Downtown Oakland's bustling nightlife, dining, and shopping, as well as convenient transportation options. Whether you're a savvy investor seeking strong returns or a first-time investor looking to get started, this property offers abundant potential!

Property Facts

Price $995,000 Building Class C
Price Per Unit $248,750 Lot Size 0.21 AC
Sale Type Investment Building Size 2,812 SF
Sale Conditions 1031 Exchange Average Occupancy 75%
No. Units 4 No. Stories 2
Property Type Multifamily Year Built 1880
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
 Parking Ratio 4.76/1,000 SF
Apartment Style Garden Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $995,000
Price Per Unit $248,750
Sale Type Investment
Sale Conditions 1031 Exchange
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.21 AC
Building Size 2,812 SF
Average Occupancy 75%
No. Stories 2
Year Built 1880
Parking Ratio 4.76/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

  • Air Conditioning
  • Crown Molding
  • Eat-in Kitchen
  • Kitchen
  • Carpet
  • Family Room
  • Porch
  • Skylights

Site Amenities

  • Fenced Lot
  • Recycling
  • Trash Pickup - Curbside

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - 703

Links

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Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (85)
Bike Score ®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 003-0073-008-00
  • 003-0073-009-00
 Improvements Assessment $102,328
Land Assessment $317,780 Total Assessment $420,108

PROPERTY TAXES

Parcel Numbers
Multiple
  • 003-0073-008-00
  • 003-0073-009-00
Land Assessment
$317,780
Improvements Assessment
$102,328
Total Assessment
$420,108

zoning

Zoning Code RM2 (Multi-Family Dwelling)
RM2 (Multi-Family Dwelling)
(707) 363-2463

Contacts

  • Listing ID: 32493966

  • Date on Market: 7/17/2024

  • Last Updated:

  • Address: 663 15th St, Oakland, CA 94612

More public record information on 663 15th St, Oakland, CA 94612

The Oakland-Downtown Multifamily Property at 663 15th St, Oakland, CA 94612 is currently available. Contact NAI Northern California for more information.

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663 15th St, Oakland, CA for sale Building Photo- Image 11 of 12
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SELLER FINANCING - 5% Interest Rate | 663 15th St
(707) 363-2463 x

SELLER FINANCING - 5% Interest Rate | 663 15th St

1/3

Timothy Warren

(707) 363-2463

(707) 363-2463

Randell Silva

(209) 740-1251

(209) 740-1251

Kent Mitchell

(510) 919-4919

(510) 919-4919

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