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$12,350,000
Est. payment /mo
76,562 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 76,562 sqft
Price per Sqft $161
Subdivision Downtown
MLS Listing ID 41111406
HOA Y/N No
Year Built 1920
Lot Size 0.367 Acres
Acres 0.37
Property Sub-Type 5 or More Units
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.
Location
State CA
County Alameda
Rooms
Basement Finished, Storage Space
Interior
Interior Features Elevator
Heating Electric
Cooling None
Flooring Carpet, Hardwood
Fireplace No
Laundry Laundry Room
Exterior
Utilities Available Individual Electric Meter, Individual Gas Meter
Building
Lot Description Corner Lot
New Construction No
Others
Tax ID 2796
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Listed by Timothy Warren • NAI Northern California
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