Oakland, CA 94610,407 Vernon St
Oakland, CA 94610,407 Vernon St
Oakland, CA 94610,407 Vernon St
Oakland, CA 94610,407 Vernon St
Oakland, CA 94610,407 Vernon St
Oakland, CA 94610,407 Vernon St
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$4,192,500

$4,499,000

6.8%
Est.Price: ?

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Est. payment /mo

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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California Regional MLS (CRMLS)
Listed by Ryan Dunn • Coast + Co Real Estate
Bought with NON MEMBER OUT OF AREA • Bay East AOR
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880 Roosevelt Suite 250, Irvine, California, 92620, United States

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