CA > Oakland
Oakland, CA 94603,1152 98th AVE
Oakland, CA 94603,1152 98th AVE
Oakland, CA 94603,1152 98th AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
6
Dec
Sun
7
Dec
Mon
8
Dec
Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$1,899,997
Est. payment /mo
Save

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82008269

HOA Y/N No

Year Built 2021

Annual Tax Amount $23,946

Property Description

Current CAP Rate: 7.87% Offering memorandum available upon request. Yellowstone Investments is pleased to present 1152 98th Avenue, a fully renovated mixed-use property located in Oakland. This unique asset includes six total units, one retail space, and five residential units, across two separate buildings. With over $2.2 million invested in renovations, this offering represents a rare opportunity to acquire a turnkey property with minimal deferred maintenance. The first building is a duplex originally constructed in 1950 and fully remodeled in 2019. Each one-bedroom, one-bath unit has its own water meter. The building on the corner was initially built in 1905, was taken down to the studs, and completely rebuilt in 2021. It features a ground-floor retail space, a designated storage area, one large two-bedroom unit, and two three-bedroom units. All units are equipped with washer/dryer sets, tankless water heaters, and furnaces designed to accommodate future A/C condensers. The corner building operates on a single water meter; tenants pay 80% of the total bill, while the owner covers the remaining 20%. There are seven parking spaces on-site, including three garage spots.

Location

State CA

County Alameda

Area 699 - Not Defined

Zoning RM-4

Interior

Fireplace No

Exterior

Roof Type Composition,Flat

Total Parking Spaces 4

Building

Water Public

Schools

School District Other

Others

Tax ID 044497500101

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Adam Dahdouh Yellowstone Investments
Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Newport Properties, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1152 98th AVE

QUICK SEARCH
VIEW MORE