Listing Courtesy of: CRMLS / Compass / Willem Bos

809 E 28th St Oakland, CA 94610

Active (116 Days)

$2,595,000

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Description

809 E 28th St, a well-maintained 14-unit apartment community located in the heart of Oakland’s Ivy Hill Neighborhood. The property, featuring (6) large studio units, (7) 1-bedroom, 1-bathroom units, and (1) 2-bedroom, 1-bathroom unit, which is designed to maximize space and functionality. What sets this property apart is its unique and desirable corner lot, beautiful architecture with period-appropriate details, and five secured garage spaces. This day-one cash-flowing property offers significant rental upside and is strategically positioned to deliver long-term returns through unit remodels and upgrades. The property’s ability to attract premium tenants and maintain a very low vacancy rate, a feat it has achieved for over 22 years, provides potential investors with a sense of security and stability.

MLS #:
41071136

Lot Size
3,750 SQFT

Type
Multifamily

Year Built
1923

County
Alameda County

Listed By

Willem Bos, Compass

Source
CRMLS
Last checked Dec 21 2024 at 11:28 AM GMT+0000

Bathroom Details

Heating and Cooling

See Remarks

Utility Information

Utilities: Water Source: Other

Location

Map View | Street View

Listing to Address

Address to Listing

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Listing Price History

Date

Event

Price

% Change

$ (+/-)

Nov 13, 2024

Price Changed

$2,595,000

-4%

-100,000

Oct 29, 2024

Price Changed

$2,695,000

-2%

-55,000

Aug 27, 2024

Original Price

$2,750,000

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

Down payment

Interest rate

Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.