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$ 9,000,000
Est. payment | /mo
0.33 Acres Lot
$ 9,000,000
Est. payment | /mo
0.33 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81978152
HOA Y/N No
Year Built 1917
Annual Tax Amount $167,989
Lot Size 0.331 Acres
Property Description
1425 Harrison St is an exceptional 61-unit apartment community located in the thriving city of Oakland, California. Situated on a 14,430 square foot parcel of land, the subject property was originally constructed in 1917 and has a gross building area of approximately 47,875 square feet, offering its tenants beautifully designed four-bedroom, three-bedroom, two-bedroom, one-bedroom, and studio floor plans. The subject property also features convenient tenant amenities such as on-site laundry and a community pool. 1425 Harrison St has undergone significant capital improvements including installation of a new roof membrane, improvements to safety features such as fire sprinklers, and unit renovations. Total capital expenditures under the current owner exceed $500K. The subject property is located in Oakland's distinguished Downtown district, a thriving area positioned just west of Lake Merritt. Downtown Oakland stands out as one of the most unique neighborhoods in the city, seamlessly blending the dynamic energy of urban living with the serene ambiance of Lake Merritt.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning CBD-C
Interior
Heating Wall Furnace
Fireplace No
Exterior
Roof Type Flat
Building
Water Public
Schools
School District Other
Others
Tax ID 862544
Special Listing Condition Standard
Listed by Adam S. Levin • Marcus & Millichap
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Connie Coughlin
REALTOR® | Lic# 01415359