Offered only as part of a four-building, 181-unit portfolio in Oakland's Fruitvale district at $33,486,000; the buildings are not sold separately. Building 2 of 4: Kensington Gardens, 1900 26th Avenue. 41 apartments plus a separate parcel with 45 garages. Three-story building built in 1928 and rehabilitated after a 2023 fire,… Read More with new electrical and plumbing: 24 studios, 13 one-bedrooms and 4 two-bedrooms in about 31,889 SF. Separately metered; video surveillance. Subject to a City of Oakland regulatory agreement through 3/2034 (at least 10 units at 80% AMI or below). Taxes reflect a partial welfare exemption; buyer to verify. Pro forma market rents run about 16% above in-place rents. About 0.7 mi from Fruitvale BART and Fruitvale Village. The portfolio: 1757 26th Ave (39 units), 1900 26th Ave (41 units + 45 garages), 2555-2567 Foothill Blvd (61 units) and 2624 Foothill Blvd (40 units). Read Less
Courtesy of KW Advisors, Alina Siert 408-712-7692
Listing Snapshot
Days Online
0
Last Updated
Property Type
Five Or More Units
Square Ft.
24,789
Lot Size
0.23 Acres
Year Built
1928
MLS Number
ML82064244
Additional Details
Lot
Max Area: 10019.00, Max Area Units: Square Feet, Lot is 0.23000459136823 acres
Accessibility Features
Other
Building
24,789 structure square feet, Age: 98, Built in 1928, 1 building, 41 minimum units in complex
Cooling
Other
Foundation
Other
Garage
43 garage spaces, Other
Water Features
Other
Heating
Other
Tenant Pays
Other
Miscellaneous
Total expenses: 171079
Property
Zoning: C-30
Roof
Other
Security Features
Other
Taxes
Annual tax amount: $36,868
Sewer
Other
Utilities
Separate Other, Other
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