Teresa Garcia
Teresa Garcia, Ana Connell Real EstatePhone: (818) 219-2060
Email: [email protected]

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listing
1 of 29
Single FamilyFor Sale
$8,350,000
175 Santa Rosa Ave
Oakland, CA 94610
Listed by: Timothy Warren from Nai Northern California, 510-336-4719
MLS: Bay East Contra Costa (BECCAR)
34,767Sq Ft
Est. Mortgage
$43,201/mo

175 Santa Rosa Avenue is a 33-unit apartment community located on a quiet tree-lined street in Oakland's Grand Lake Neighborhood. The property consists of a mix of one and two-bedroom units with a large 2,000+ square foot penthouse occupying the fourth floor. Amenities include 34 garage parking spaces, three on-site laundry rooms, and covered balconies. Capital Improvements include a new roof, fresh exterior paint, new hot water heaters, and an updated intercom system. The property offers excellent in-place cash flow with over $220,000 of annual rental upside allowing a new owner to maximize their return over time. The building is seismically exempt making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.

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Information courtesy of Nai Northern California is subject to verification and is not guaranteed.
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