Presenting 1511 17th Avenue, a prime value-add opportunity in Oakland’s dynamic rental market. This nine-unit apartment building spans 5,136 square feet and offers immediate potential for savvy investors to enhance value. With a well-balanced mix of units and many of the rents already near market, the property is poised for growth through targeted upgrades and strategic repositioning.
The property’s unit composition includes one three-bedroom, two-bathroom single-family home, two two-bedroom, one-bathroom units, one one-bedroom, one-bathroom unit, and five studio apartments. This variety of layouts appeals to a broad tenant base, ensuring high occupancy rates and rental demand. Investors can unlock additional value by improving interior finishes, modernizing amenities, and capturing further rent growth as leases turn over.
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