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Listed by Adam Dahdouh • Yellowstone Investments

$2,300,000

Est. payment - /mo

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6 Beds

6 Baths

6,075 SqFt

New

1152 98th AVE Oakland, CA 94603

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Lina Yang

lina@linayanghomes.com +1(650) 206-8881

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Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,075 sqft

Price per Sqft $378

MLS Listing ID ML82008269

Bedrooms 6

Full Baths 6

Year Built 2021

Lot Size 8,250 Sqft

Property Sub-Type Five or More Units

Property Description

Offering memorandum available upon request. Yellowstone Investments is pleased to present 1152 98th Avenue, a fully renovated mixed-use property located in Oakland. This unique asset includes six total units, one retail space, and five residential units, across two separate buildings. With over $2.2 million invested in renovations, this offering represents a rare opportunity to acquire a turnkey property with minimal deferred maintenance. The first building is a duplex originally constructed in 1950 and fully remodeled in 2019. Each one-bedroom, one-bath unit has its own water meter. The building on the corner was initially built in 1905, was taken down to the studs, and completely rebuilt in 2021. It features a ground-floor retail space, a designated storage area, one large two-bedroom unit, and two three-bedroom units. All units are equipped with washer/dryer sets, tankless water heaters, and furnaces designed to accommodate future A/C condensers. The corner building operates on a single water meter; tenants pay 80% of the total bill, while the owner covers the remaining 20%. There are seven parking spaces on-site, including three garage spots. A low-rate mortgage from Fremont Bank, adjusting in April 2027, may be assumed or modified, subject to buyer qualifications.

Location

State CA

County Alameda

Area Oakland Zip Code 94603

Zoning RM-4

Interior

Heating Central Forced Air - Gas

Cooling Other

Laundry Washer / Dryer

Exterior

Parking Features Assigned Spaces, Covered Parking, On Street, Parking Area

Garage Spaces 3.0

Utilities Available Public Utilities

Roof Type Composition,Flat / Low Pitch

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 044-4975-001-01

Security Features Fire Alarm ,Security Fence,Video / Audio System

Special Listing Condition Not Applicable

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Lina Yang

Team Lead | License ID: 02084385

+1(650) 206-8881

1152 98th AVE Oakland, CA 94603

Lina Yang

Key Details

Location

Interior

Exterior

Building

Others

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1152 98th AVE