3020 35th Avenue Oakland, CA 94619

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41089645

HOA Y/N No

Year Built 1961

Lot Size 0.335 Acres

Property Description

3020-3025 35th Avenue is a turnkey, exceptionally well maintained, multi-family property located just below the Laurel District in the vibrant Allendale neighborhood. This investment opportunity offers significant rental upside potential and value enhancement opportunities, making it ideal for both seasoned investors and newcomers. Constructed in 1961, this two-story, wood-framed building features a durable stucco exterior and is situated on a generous 14,600 square foot lot, offering a total of 17,016 rentable square feet. The property comprises 18 units, thoughtfully designed to accommodate various tenant needs, along with carport parking for tenant convenience. Unit Mix: o 2 one-bedroom, one-bathroom units (NC) o 15 two-bedroom, one-bathroom units o 1 three-bedroom, one-bathroom unit (NC) The property has seen several significant upgrades, ensuring low future repair and maintenance costs. Updates include a new roof and exterior paint (2018), seismic retrofit (2020), 4 fully renovated units and 6 partially renovated units, new windows (2022) and work has begun on balcony and raised walks to ensure compliance with current safety regulations. In addition, this property features a manager's office & storage space (for the owner only), as well as onsite laundry facilities.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Total Parking Spaces 18

Others

Tax ID 3220303

Listed by Nolan Jones • KELLER WILLIAMS TRI VALLEY REALTY

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