Sold
237 41st St
Oakland CA, 94611
$11,650,000
$410.23 per sqft
Sold
28,399 sqft
Multi-family
Built in 1956
237-263 41st Street is a 48-unit apartment community located just steps from Piedmont Avenue in Oakland, CA. The property consists of two side-by-side twenty-four-unit buildings with a mix of one and two-bedroom units. Amenities include 46 covered parking spaces, four on-site laundry rooms, and storage closets. Both gas and electricity are individually metered and each unit is equipped with its own water heater. The property offers over $350,000 of annual rental upside allowing a new owner to maximize their return over time. Both buildings have been seismically retrofitted making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.
41014158
MLSⓇ ID
November 14, 2022
Listed
October 2, 2024
Updated
Map
237 41st St
Oakland CA, 94611
Interior Features
Interior Features
Storage
Appliances
Gas Water Heater
Floor Description
Hardwood
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.69 Acres
Lot Features
Regular
Roof
Composition
Sewer
Public Sewer
Other Property Details
Area Name
Oakland
Garage
No
Parking
Carports - 2 Or More, Covered
View
No
County
Alameda
Water Source
Public
Pool
No
Listed by Timothy Warren with NAI Northern California
Listing Contact: 510-336-4719
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