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listing
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CommercialFor Sale
$23,799,000
1445 Harrison Street
Oakland, CA 94601
Listed by: Meidan Mike Magen from Probity Real Estate, 408-595-7836
MLS: MLSListings, Inc.
Est. Mortgage
$122,946/mo

RECESSION PROOF INVESTMENT-TRUE HEDGE AGAINST INFLATION. Government guaranteed rent which is exempt from rent control. 35% Upside in the Rents. Nostalgic building in the great downtown Oakland area near Lake Merritt. No deferred maintenance - Easy Management Strong Rent Upside. Trouble free income and management Opportunity Zone. The building was built in 1925, 118 apartments with private baths and kitchens and 1 commercial. Six stories building size with 55,750 square feet on a lot size 18,730 square feet. 75% of the units have been renovated at a cost of $800,000.

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Based on information from the MLSListings MLS as of 02/25/2024 05:02 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information courtesy of Probity Real Estate is subject to verification and is not guaranteed.
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