1108 Chestnut St - Apartments FOR SALE


Oakland, CA 94607
$1,150,000 USD
650-483-0305
1108 Chestnut St, Oakland, CA for Sale
$1,150,000 USD
Apartments - FOR SALE
1/9
null | 6.69% Cap Rate

1108 Chestnut St
Oakland, CA 94607


HIGHLIGHTS

  • Two-story multifamily residential building with six studio units
  • Brand-new roof was installed January 2025. 10-year labor and material warranty
  • Water, Electric, Gas are separately metered
  • Large gated parking lot for secure and ample parking

OVERVIEW

1108 Chestnut Street in Oakland, California, is a two-story multifamily residential building originally constructed in 1965. The property comprises six studio units, all of which are well-maintained and in good condition. In January 2025, a brand-new roof was installed, accompanied by a 10-year labor and material warranty, ensuring durability and minimizing future maintenance concerns. A standout feature of the property is the large gated parking lot, offering secure and ample parking for tenants and guests. The building spans approximately 2,320 square feet and sits on a 6,498 square-foot lot. Its convenient location provides easy access to public transportation, including BART, downtown Oakland, and highways 880 and 980. This property exemplifies accessible, secure, and comfortable urban living. A standout feature of the property is the large gated parking lot, offering secure and ample parking for tenants and guests. The building spans approximately 2,320 square feet and sits on a 6,498 square-foot lot. Its convenient location provides easy access to public transportation, including BART, downtown Oakland, and highways 880 and 980. This property is a prime example of accessible, secure, and comfortable urban living.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$93 USD /SF

# OF UNITS

6

PRICE/UNIT

$191,667

CAP RATE

6.69%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,429 SF

ZONING

-

APN/PARCEL ID

004-0015-024-00

ASK ABOUT THIS PROPERTY

Rami BahuCENTURY 21 Real Estate Alliance GroupMore Info
650-483-0305

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Rami BahuCENTURY 21 Real Estate Alliance GroupMore Info
650-483-0305

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.