Oakland, CA 94603,1152 98th AVE
Oakland, CA 94603,1152 98th AVE
Oakland, CA 94603,1152 98th AVE
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$2,300,000
Est. payment /mo
8,250 Sqft Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82008269

HOA Y/N No

Year Built 2021

Annual Tax Amount $28,987

Lot Size 8,250 Sqft

Property Description

Offering memorandum available upon request. Yellowstone Investments is pleased to present 1152 98th Avenue, a fully renovated mixed-use property located in Oakland. This unique asset includes six total units, one retail space, and five residential units, across two separate buildings. With over $2.2 million invested in renovations, this offering represents a rare opportunity to acquire a turnkey property with minimal deferred maintenance. The first building is a duplex originally constructed in 1950 and fully remodeled in 2019. Each one-bedroom, one-bath unit has its own water meter. The building on the corner was initially built in 1905, was taken down to the studs, and completely rebuilt in 2021. It features a ground-floor retail space, a designated storage area, one large two-bedroom unit, and two three-bedroom units. All units are equipped with washer/dryer sets, tankless water heaters, and furnaces designed to accommodate future A/C condensers. The corner building operates on a single water meter; tenants pay 80% of the total bill, while the owner covers the remaining 20%. There are seven parking spaces on-site, including three garage spots. A low-rate mortgage from Fremont Bank, adjusting in April 2027, may be assumed or modified, subject to buyer qualifications.

Location

State CA

County Alameda

Area 699 - Not Defined

Zoning RM-4

Interior

Fireplace No

Exterior

Roof Type Composition,Flat

Total Parking Spaces 4

Building

Water Public

Schools

School District Other

Others

Tax ID 044497500101

Special Listing Condition Standard


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California Regional MLS (CRMLS)
Listed by Adam Dahdouh • Yellowstone Investments
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Lakeshia's passion for real estate and her love for California are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in California. 

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1152 98th AVE