$4,192,500
$4,499,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
8,001 Sqft Lot
SOLD DATE : 07/15/2022
Key Details
Sold Price $4,192,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40984830
Sold Date 07/15/22
HOA Y/N No
Year Built 1957
Lot Size 8,001 Sqft
Property Description
Pride of ownership 15 unit apartment building "The Tropicana" located in Adams Point neighborhood of Oakland. The property has been owned and self managed for the last 36 years by the same owner. Built in 1957 and on a 8,000 sf lot, the building consists of twelve (12) one bedroom units and three (3) two bedroom units. Amenities include 5 garages, 9 carport parking, coin operated laundry facilities, elevator & storage lockers. Recent updates include 2021 new hot water heater, 2020 new metal handrails, 2018 roof coating, 20 year thickness, 2015 back walkways & stairs and 2002 seismic retrofit. The property is separately metered for gas and electricity. The owner pays water & garbage. 4 units currently vacant. Convenient location near 580, BART, Whole Foods & Lake Merritt shops & restaurants.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Total Parking Spaces 14
Others
Tax ID 1079110
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