184 13th St, Oakland, CA 94612
- $11,500,000
Listed by Timothy Warren, (510) 336-4719 from NAI Northern California
(If provided) CoList: from
- List Price
- $11,500,000
- Price Change
- ▼ $850,000 1762241410
- MLS#
- EB41111406
- Status
- ACTIVE
- Lot Size
- 16,000
- Listing Area
- Oakland Zip Code 94612
- Year Built
- 1920
Property Description
184 13th Street is 98-unit multifamily investment opportunity in the heart of Downtown Oakland. This six-story, elevator-served building spans 76,562 square feet on a 16,000-square-foot corner parcel and features a well-balanced unit mix of studios, one-, two-, and three-bedroom apartments, along with secure lobby access, on-site laundry facilities, and a leasing office. The property has benefited from more than $500,000 in recent capital improvements, including electrical and plumbing upgrades, a new roof, and elevator modernization. Offered at just $126,020 per unit, the asset provides an exceptional entry point into one of Oakland's most dynamic neighborhoods-less than three blocks from Lake Merritt. The property is being offered at a 33% discount to its 2022 sale price, creating an incredible basis and a rare opportunity to acquire a stabilized asset well below replacement cost.
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Additional Information
- Acres
- 0.37
- Amenities
- Elevator(s)/Lift(s)
- Cooling System
- None
- Exterior Features
- Stucco
- Floor Covering
- Carpet - Wall to Wall, Hardwood
- Garage Parking
- No Parking
- Heating System
- Electric
- Laundry Facilities
- In Laundry Room
- Lot Size
- 16,000
- Neighborhood
- Oakland Zip Code 94612
- Numberof Units
- 98
- Other Rooms
- Basement - Storage Area, Basement - Finished
- Roof
- Rolled Composition
- Unincorporated Yn
- Yes
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