Contact Xavier Gomez
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27122726 Park Boulevard, Oakland, CA 94606
Priced at Only: $3,090,000
For more Information Call
Mobile: 714.478.6676
Address: 27122726 Park Boulevard, Oakland, CA 94606
Property Photos
Property Location and Similar Properties
- MLS#: ML81944037 ( )
- Street Address: 27122726 Park Boulevard
- Viewed: 8
- Price: $3,090,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1950
- Bldg sqft: 0
- Days On Market: 450
- Additional Information
- County: ALAMEDA
- City: Oakland
- Zipcode: 94606
- Provided by: Compass
- Contact: Carol Carol
- DMCA Notice
-
DescriptionSeize a rare 75% vacant opportunity for an exceptional investment & excellent frontage. Instant income generation w/a superb Retail Building currently leased to Mayflower Spa; has options for extending or for an owner user space w/great signage visibility; an ideal addition to your portfolio at a 6.25% 8% Pro Forma cap. A multi use building w/5 spacious commercial units (vacant) & 6 1BD/1BA residential apartments (3 vacant), in a desirable rental market; commercial spaces offer income potential for a variety of businesses; total interior is ~9,700 SF, ensuring ample room. The adjacent vacant land lot is poised to deliver substantial returns at ~3k SF; it's a fantastic opportunity for development or expansion; previously used as parking for adjacent commercial buildings. The property benefits from flexible zoning regulations, opening up multiple investment avenues. Increasing Building Height is an option! Abundant Space: ~12,700 SF Total Lot, & Per Appraiser Total Building ~12,868 SF.
Features
Building Area Total
- 11022.00
Cooling
- None
Current Use
- Residential
Heating
- Forced Air
Otherexpense
- 0.00
Otherincome1
- 0.00
Parcel Number
- 022033901701
Professionalmanagementexpense
- 353.00
Roof
- Flat
Totalexpenses
- 21292.00
Trash Expense
- 1132.00
Water Source
- Public
Year Built
- 1950
Year Built Source
- Other
Zoning
- RU-5
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com