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Listed by Timothy Warren • NAI Northern California
$ 1,495,000
Est. payment | /mo
4,264 SqFt
$ 1,495,000
Est. payment | /mo
4,264 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 4,264 sqft
Price per Sqft $350
MLS Listing ID MR41096544
Year Built 1938
Lot Size 7,500 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
83 Glen Avenue is a pride-of-ownership 8-unit apartment building located just one block from Oakland's Piedmont Avenue. The property features a desirable unit mix of one (1) 2bd/1ba unit, three (3) 1bd/1ba units, and three (4) studio units, totaling approximately 4,264 square feet. On-site amenities include a secured entry, shared laundry room, and 14 off-street parking spaces. The property is currently 100% occupied, highlighting the strong rental demand in this highly sought-after location. With solid in-place income and meaningful upside through unit renovations and rent growth, 83 Glen Avenue offers investors a compelling opportunity to acquire a stabilized asset with long-term appreciation potential.
Location
State CA
County Alameda
Area Oakland Zip Code 94611
Interior
Heating Wall Furnace
Cooling None
Flooring Hardwood
Exterior
Exterior Feature Stucco
Parking Features Parking Area
Garage Spaces 14.0
Roof Type Tile
Building
Lot Description Regular
Water Other
Others
Special Listing Condition Not Applicable
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Drew Reid
REALTOR® | Lic# 01332884