640 E 15th Street, Oakland, CA

$1,800,000

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9

Beds

About 640 E 15th Street

Price lowered!!! Offers reviewed as received. 640 E 15th Street(cross St @ 7th Ave) is in Oakland, CA 94606 and located in the east of Lake Merritt shoreline. This attractive and well-maintained residential income apartment building was completely rebuilt from the ground-up in year 2010, a newer building on this quiet block of the neighborhood, that consists of 9 Units (three studios, three 1br, three 2br)with gas stoves and common area hardwood flooring, 2 leased washers and 2 leased dryers in the building, 9 storage cabinets in basement and 3 detached garages. The exterior building was just painted. All units are fully occupied by tenants. Low expenses w/decent rental income. Cap Rate 6%.

Features of 640 E 15th Street

MLS® # 424031480
Price $1,800,000
Bedrooms 9
Bathrooms 0.00
Acres 0.00
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 640 E 15th Street
Area Oakland Zip 94606
City Oakland
County Alameda
State CA
Zip Code 94606

Amenities

Parking Spaces 3
Parking Covered, Detached, Garage
# of Garages 3
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 3
Stories Three Or More
Has Basement Yes
Basement Storage Space

Exterior

Lot Description Corner Lot

Additional Information

Date Listed May 8th, 2024

Listing Details

AgentDennis Chan
OfficeJMC Realty Corporation

Listing Map

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