Bought with Nolan Jones • THE PRESCOTT COMPANY
$4,900,000
$5,995,000
18.3%For more information regarding the value of a property, please contact us for a free consultation.
8,876 SqFt
SOLD DATE : 12/28/2022
Key Details
Sold Price $4,900,000
Property Type Commercial
Sub Type Lowrise (1-3 Flrs)
Listing Status Sold
Purchase Type For Sale
Square Footage 8,876 sqft
Price per Sqft $552
MLS Listing ID 41004775
Sold Date 12/28/22
HOA Y/N No
Originating Board Bridge AOR
Year Built 1952
Lot Size 0.344 Acres
Property Sub-Type Lowrise (1-3 Flrs)
Property Description
Rare opportunity to own a key multi-family asset in desirable Rockridge/Temescal area. (27) studios, (1) 1x1 unit and (1) 2x1 manager's unit. Several capital improvements completed, including but not limited to: new exterior paint, new exterior lighting, new unit/address numbers, resurfacing/restriping the parking lot, new main electrical panels. Many units have been tastefully updated, with minimal investment needed for a new owner, upon unit turnover. Onsite laundry facility and parking lot (25 spaces). Additional financial upside available. "Walk Score" of 95 and "Bike Score" of 93!
Location
State CA
County Alameda
Interior
Heating Other
Cooling None, Other
Flooring Other
Fireplace No
Building
Lot Description Regular
Water Public
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