1152 98th Avenue new Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94603
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,075 sqft
Price per Sqft $378
MLS Listing ID ML82008269
HOA Y/N No
Year Built 2021
Lot Size 8,250 Sqft
Acres 0.19
Property Sub-Type Other
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
Zoning RM-4
Interior
Heating Forced Air
Cooling Other
Fireplace No
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 044497500101