Listed by Ryan Rodriguez, DRE #01304358 • Colliers International
$2,200,000
Est. payment /mo
8,004 SqFt
Active
430 Vernon ST Oakland, CA 94610
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Key Details
Property Type Multi-Family
Sub Type Multiple Dwellings / Structures
Listing Status Active
Purchase Type For Sale
Square Footage 8,004 sqft
Price per Sqft $274
MLS Listing ID BE41147466
Year Built 1961
Lot Size 7,840 Sqft
Property Sub-Type Multiple Dwellings / Structures
Source Bay East
Property Description
430 Vernon Street, a 12-unit apartment community situated on a 0.18-acre parcel in Oakland, California. The property offers residents convenient community amenities and a strategic location just minutes from major Downtown Oakland employment hubs, vibrant retail destinations, and Lake Merritt. With convenient access to key regional thoroughfares, including I-580 and I-980, the property benefits from a robust tenant profile seeking a commuter-friendly location paired with a park-like setting. With in-place rents currently exhibiting a 20.17% loss-to-lease, 430 Vernon Street offers investors solid in-place cash flow from day one with a clear opportunity for future rent growth and long-term appreciation in one of the East Bay's strongest markets. Tour Dates: September 17th 10:00 am September 22nd 10:00 am
Location
State CA
County Alameda
Area Oakland Zip Code 94610
Interior
Heating Other
Cooling Other
Flooring Other
Laundry Other
Exterior
Exterior Feature Other
Parking Features Other
Roof Type Other
Building
Lot Description Other
Others
Tax ID 10-790-39
Special Listing Condition Not Applicable

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