Pleased to present 635 E 15th Street, a 9- unit multifamily property located in Oakland’s Clinton neighborhood. The 5,875 square foot building features a unit mix of eight (8) one- bedroom/one-bath units and one (1) two-bedroom/two-bath unit, o?ering strong in-place income with clear value-add potential. Two units will be delivered… Read More vacant, providing an immediate opportunity to achieve market rents, while existing rents remain below market, allowing for additional upside through natural turnover and improved management. The property also includes eight on-site garages, three of which are currently vacant, o?ering additional income potential. Investors may also explore the potential to convert garages into ADUs (buyer to verify with the city) to further enhance long-term returns. Read Less
Property listed by NAI Northern California, Timothy Warren 310-259-7556
Listing Snapshot
Days Online
7
Last Updated
Lot Size
0.13 Acres
Year Built
1957
MLS Number
41128244
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1957, Construction Materials: Stucco
Cooling
None
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Lot
0.1309 acres, CornerLot
Parking
8 total parking spaces
Roof
Composition
Taxes
Parcel Number: 2013541
Tenant Pays
Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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