2307-2311 Harrison St - Apartments FOR SALE


Oakland, CA 94612
$1,150,000 USD
707-363-2463
2307-2311 Harrison St, Oakland, CA for Sale
$1,150,000 USD
Apartments - FOR SALE
1/31
null | 5.45% Cap Rate

2307-2311 Harrison St
Oakland, CA 94612


OVERVIEW

The Mitchell Warren Team is pleased to present 2307 Harrison Street, a well-maintained VACANT duplex located in Downtown Oakland just steps from Lake Merritt. The property consists of two (2) large 1,500+ square foot units and three off-street parking spaces. The property offers beautiful 1920s architecture, period-appropriate details, and hardwood floors. In addition, the property is fully occupied by market-rate tenants delivering excellent day-one cash flow. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate. 2307 Harrison Street is located in Downtown Oakland steps from Lake Merritt. This property is less than a mile from 19th Street BART with easy access to interstates 580 and 880 for seamless connection to the entire San Francisco Bay Area. Residents enjoy endless amenities in Uptown, Downtown, and Lake Merritt, including Whole Foods, a 5-minute walk away. The properties are walkable to both Kaiser Permanente (Oakland's Largest Employer) and Sutter Health Alta Bates Medical Center (Oakland's Second Largest Employer), earning a near-perfect Walk Score of 97!

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$363 USD /SF

# OF UNITS

2

PRICE/UNIT

$575,000

CAP RATE

5.45%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

VACANT Duplex Steps from Lake Merritt

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1908

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,790 SF

ZONING

D-BV-I

APN/PARCEL ID

008-0670-008-00

ASK ABOUT THIS PROPERTY

Timothy WarrenNAI Northern CaliforniaMore Info
707-363-2463

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Timothy WarrenNAI Northern CaliforniaMore Info
707-363-2463

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