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$ 2,200,000
Est. payment | /mo
7,840 Sqft Lot
$ 2,200,000
Est. payment | /mo
7,840 Sqft Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Alameda County
MLS Listing ID 41147466
HOA Y/N No
Year Built 1961
Lot Size 7,840 Sqft
Property Description
430 Vernon Street, a 12-unit apartment community situated on a 0.18-acre parcel in Oakland, California. The property offers residents convenient community amenities and a strategic location just minutes from major Downtown Oakland employment hubs, vibrant retail destinations, and Lake Merritt. With convenient access to key regional thoroughfares, including I-580 and I-980, the property benefits from a robust tenant profile seeking a commuter-friendly location paired with a park-like setting. With in-place rents currently exhibiting a 20.17% loss-to-lease, 430 Vernon Street offers investors solid in-place cash flow from day one with a clear opportunity for future rent growth and long-term appreciation in one of the East Bay's strongest markets.
Location
State CA
County Alameda
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Exterior
Parking Features Other
Others
Tax ID 1079039
Listed by Ryan Rodriguez Colliers International #01304358
NEARBY SCHOOL & BUSINESS