1757 26Th Ave, Oakland, CA 94601
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1757 26Th Ave, Oakland, CA 94601
1757 26Th Ave, Oakland, CA 94601
1757 26Th Ave, Oakland, CA 94601
1757 26Th Ave, Oakland, CA 94601
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Listed by Steven Peterson • Infinity Investments peterson.infinity@gmail.com
$ 6,995,000
Est. payment /mo
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1757 26Th Ave Oakland, CA 94601

25,447 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Apt Complex

Listing Status Active

Purchase Type For Sale

Square Footage 25,447 sqft

Price per Sqft $274

Subdivision Fruitvale

MLS Listing ID 41130392

HOA Y/N No

Year Built 1928

Lot Size 0.257 Acres

Property Sub-Type Apt Complex

Source BAY EAST

Property Description

Kensington Plaza is a very nostalgic 3 story property located at 1757 26th Ave in Oakland California. The building is 25,447 square feet and sits on a 10,951 square foot lot with a total of 39 units. It is a great central business district location. It is in the heart of Oakland's Fruitvale district close to Lake Merritt. With 33% upside in rents, this building allows the next owner to increase returns and leverage investment in the hot Oakland market. The property consists of 9 studios units, 18 one bedroom/ one bath units, 8 two bedroom/ one bath units and 4 two bedroom/ two bath units. This classic Marina style building has bay windows, separate eat in kitchens and large walk-in closets. Constructed in 1928, the units have recently received significant improvements, including upgraded kitchens and baths, newer vinyl windows and newer flooring. Most units also feature new paint, carpet, or hardwood floors and ceiling fans. The building also had significant foundation upgrades. The building is separately metered for gas and electricity. 80% of the units have been completely renovated. This roof has a lifetime GAF warranty for the life of the property against leaks or repairs. There is a laundry room generating monthly income and convenient for the residents.

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling See Remarks

Flooring See Remarks

Fireplace No

Building

Lot Description See Remarks

Others

Special Listing Condition Standard


Bay East Association of Realtors

Nearby School & Business

Theresa Solon

Theresa Solon

REALTOR | CA DRE# 01436657

+1(707) 334-9186

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