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Listed by Ryan Rodriguez • Colliers International • 925-279-4614
$ 2,200,000
Est. payment /mo
Active
430 Vernon Street Oakland, CA 94610
8,004 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 8,004 sqft
Price per Sqft $274
Subdivision Alameda County
MLS Listing ID 41147466
HOA Y/N No
Year Built 1961
Lot Size 7,840 Sqft
Property Sub-Type OTHER
Source BAY EAST
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. Tour Dates: September 17th 10:00 am September 22nd 10:00 am
Location
State CA
County Alameda
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace No
Building
Lot Description Other
Water Other
Others
Special Listing Condition Standard
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