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611 W Grand Oakland, CA 94612
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Key Details
Sold Price $2,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40973164
Year Built 1916
Lot Size 6,534 Sqft
Property Description
In Opportunity Zone for added advantages. Stately traditional building in ever improving Uptown location. The new luxury Moxy Hotel has just opened on the same block. These units are updated and ready for lease as we exit the Covid environment. Large handsome lobby areas, makes the spaces inviting and desirable for tenants. Large back yard for tenant's community use. All separately metered PG&Es. Full basements (stand-up height) can be perfect for a enormous workshop plus storage space. We are in the heart of the vibrant KONO - Art & Entertainment District, home of the Art Murmur Gallery Walk Festival, on first Friday of each month. Adjacent lot (to the left) 25 x 129 ft can be purchased separately. Amazing 9.99 Gross Rent Multiplier.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Exterior
Roof Type Composition
Read Less
Bought with OUT OF AREA OUT • OUT OF AREA - NON MEMBER