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Listed by NAI Northern California
$ 2,250,000
Est. payment | /mo
6,617 SqFt
$ 2,250,000
Est. payment | /mo
6,617 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,617 sqft
Price per Sqft $340
Subdivision Piedmont Border
MLS Listing ID 41124314
HOA Y/N No
Year Built 1908
Lot Size 8,500 Sqft
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
6.25% Cap Rate! Exceptional turnkey eight-unit apartment building located just steps from the City of Piedmont in one of Oakland's most coveted locations. The property offers an ideal unit mix of three 2BD/1BA units and five 1BD/1BA units, all benefiting from more than $300,000 in capital improvements completed over the past three years, including new windows, electrical and plumbing upgrades, tankless hot water heaters, and modern unit renovations. The building is SB 721 compliant and sewer lateral compliant, providing peace of mind and minimal deferred maintenance for the next owner. With updated major systems, strong unit mix, and unmatched walkability, 133 Echo Avenue represents a rare opportunity to acquire a fully improved, low-maintenance multifamily asset in a premier Oakland neighborhood.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Flooring Hardwood Flrs Throughout, Tile
Fireplace No
Building
Lot Description Premium Lot
Water Meter on Site
Schools and Properties Nearby