Sold

237 41st St

Oakland CA, 94611

$11,650,000


$410.23 per sqft

Sold

28,399 sqft

Multi-family

Built in 1956

237-263 41st Street is a 48-unit apartment community located just steps from Piedmont Avenue in Oakland, CA. The property consists of two side-by-side twenty-four-unit buildings with a mix of one and two-bedroom units. Amenities include 46 covered parking spaces, four on-site laundry rooms, and storage closets. Both gas and electricity are individually metered and each unit is equipped with its own water heater. The property offers over $350,000 of annual rental upside allowing a new owner to maximize their return over time. Both buildings have been seismically retrofitted making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.

41014158

MLS ID

November 14, 2022

Listed

July 13, 2024

Updated

Map

237 41st St
Oakland CA, 94611

Interior Features

Interior Features

Storage


Appliances

Gas Water Heater


Floor Description

Hardwood


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.69 Acres


Lot Features

Regular


Roof

Composition


Sewer

Public Sewer

Other Property Details

Area Name

Oakland


Garage

No


Parking

Carports - 2 Or More, Covered


View

No


County

Alameda


Water Source

Public


Pool

No


Buyer Agency Compensation

1%

Listed by Timothy Warren with NAI Northern California
Listing Contact: 510-336-4719 

Bay East  ©2024 CCAR  ©2024. bridgeMLS  ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 8:53 PM UTC, 7/13/2024.

Powered byLuxury Presence