1511 17th Ave - Apartments FOR SALE


Oakland, CA 94606
$1,450,000 USD
510-398-1027
1511 17th Ave, Oakland, CA for Sale
$1,450,000 USD
Apartments - FOR SALE
1/6
null | 6.74% Cap Rate

1511 17th Ave
Oakland, CA 94606


OVERVIEW

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. CONTACT AGENT FOR DETAILS; DO NOT DISTURB TENANTS.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$115 USD /SF

# OF UNITS

9

PRICE/UNIT

$161,111

CAP RATE

6.74%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1898

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,013 SF

ZONING

R-50, Oakland

APN/PARCEL ID

020-0166-010-00

ASK ABOUT THIS PROPERTY

David WeglarzThe Prescott CompanyMore Info
510-398-1027

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David WeglarzThe Prescott CompanyMore Info
510-398-1027

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