Oakland, CA 94610,671 Vernon St
Oakland, CA 94610,671 Vernon St
Oakland, CA 94610,671 Vernon St
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Listed by Timothy Warren • NAI Northern California
$7,095,000
Est. payment /mo
20,185 SqFt
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Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 20,185 sqft

Price per Sqft $351

Subdivision Grand Lake

MLS Listing ID 41111409

HOA Y/N No

Year Built 1961

Lot Size 0.298 Acres

Property Sub-Type 5 or More Units

Source Bridge AOR

Property Description

671 Vernon Street is a well-maintained 31-unit apartment building located in Oakland's highly desirable Grand Lake neighborhood. The property features eight (8) two-bedroom/one-bath units, twenty (20) one-bedroom/one-bath units, and three (3) studio units, appealing to a wide range of renters in this strong, high-demand market. A new roof, various unit improvements, and a complete seismic retrofit were completed in recent years. Amenities include covered gated parking, private balconies in select units, a pool, and an on-site laundry room. With its prime location, recent improvements, and attractive unit mix, 671 Vernon Street represents a compelling opportunity for investors seeking a stable, well-located asset with long-term upside potential.

Location

State CA

County Alameda

Interior

Heating Electric

Cooling None

Flooring Hardwood, Laminate, Tile, Vinyl, Carpet

Fireplace No

Building

Lot Description Rectangular Lot, Landscaped, Street Light(s)


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671 Vernon St