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$ 2,800,000
Est. payment | /mo
0.32 Acres Lot
$ 2,800,000
Est. payment | /mo
0.32 Acres Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Highland Terrace
MLS Listing ID 41109440
HOA Y/N No
Year Built 1961
Lot Size 0.321 Acres
Property Description
1810 E 25th St is being offered as a single asset. All investors should base their offer and pricing on the “As Is, Where Is” condition of the assets. This property consists of 23 units presenting a unique and strategic opportunity for an investor to rapidly establish a substantial presence in Oakland. 1810 E 25th St presents a compelling opportunity for a workforce housing investment. The asset offers investors a reliable and consistent revenue stream, driven by the growing demand for affordable housing in the East Oakland market. The property benefits from exceptional connectivity to the Bay Area, with convenient access to Lake Merritt, Interstate 580 & 880, and proximity to Oakland International Airport, allowing residents several transportation options and ease of access to key regions throughout the Bay. 1810 E 25th St features an exceptional unit mix with a particularly strong concentration of highly desirable one-bedroom, two-bedroom, and three-bedroom units. The portfolio's unit mix paired with strong demand for workforce housing ensures landlords benefit from natural turnover, minimizing loss-to-lease risks associated with the city's stringent rent control regulations.
Location
State CA
County Alameda
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Exterior
Total Parking Spaces 23
Building
Water Other
Others
Tax ID 22353161
Listed by Ryan Rodriguez Colliers International
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Maryann Augustine
Broker-Owner | Lic# 01224089