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518 28th St
Oakland, CA 94609
Build-to-Rent Property For Sale · 5 Units

PROPERTY FACTS

No. Units 5
Property Type Build-to-Rent
Property Subtype Apartment
Apartment Style Low-Rise
Costar Property Class B
Total Plot Size 0.08 ac
Property Size 3,642 sq ft
Average Occupancy 100%
No. Floors 2
Year Built/Renovated 1906/2019

AMENITIES

UNIT AMENITIES

  • Dishwasher
  • Disposal
  • Storage Space
  • Washer/Dryer
  • Heating
  • Eat-in Kitchen
  • Granite Countertops
  • Wooden Floors
  • Walk-In Closets
  • Carpet
  • Basement
  • Dining Room
  • Double Pane Windows

ABOUT 518 28TH ST , OAKLAND, CA 94609

Make your move into Oakland’s affluent Pill Hill neighborhood with this five-unit turnkey property boasting rents near market rates in most units. The well-balanced unit mix has something to offer a wide range of tenants, from 1bd/1bth to 3bd/2bth units. Three units have been renovated with high-end appliances, fixtures, and finishes, further enhancing its marketability. RUBS (Ratio Utility Billing System) has just been implemented to reimburse owner utility costs and dramatically reduce operating expenses. Further there is onsite storage which are rented for additional income. Oakland’s charming, walkable Pill Hill neighborhood is the medical heart of this Bay Area city. Major hospitals, such as Alta Bates and Samuel Merritt, as well as numerous doctor’s offices and pharmacies populate the neighborhood, hence the name. Apartments front tree-lined streets, less than two miles from downtown Oakland. Outdoor relaxation is within easy reach at Lake Merritt, Oakland’s famed city park, which is less than two miles from Pill Hill. Rated a Walker’s Paradise, it’s just blocks away from major medical employers, shopping, services, and nightlife. Contact Steven Pinza, Esq. For a Complete Marketing Package

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT PCM sq ft
1+1 2 - -
2+1 1 - -
2+2 1 - -
3+2 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
009-0697-006-00
Land Assessment
£367,771
Improvements Assessment
£999,929
Total Assessment
£1,367,700
  • Listing ID: 17730851

  • Date on Market: 15/11/2019

  • Last Updated:

  • Address: 518 28th St, Oakland, CA 94609

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