Active

809 E 28th St

Oakland CA, 94610

$2,395,000


$252.21 per sqft

Active

9,496 sqft

Multi-family

Built in 1923

809 E 28th St, a well-maintained 14-unit apartment community located in the heart of Oakland's Ivy Hill Neighborhood. The property, featuring (6) large studio units, (7) 1-bedroom, 1-bathroom units, and (1) 2-bedroom, 1-bathroom unit, which is designed to maximize space and functionality. What sets this property apart is its unique and desirable corner lot, beautiful architecture with period-appropriate details, and five secured garage spaces. This day-one cash-flowing property offers significant rental upside and is strategically positioned to deliver long-term returns through unit remodels and upgrades. The property's ability to attract premium tenants and maintain a very low vacancy rate, a feat it has achieved for over 22 years, provides potential investors with a sense of security and stability.

41071136

MLS ID

August 27, 2024

Listed

February 12, 2025

Updated

Interior Features

Interior Features

Other, Updated Baths, Updated Kitchen, Storage


Appliances

Dishwasher, Disposal


Laundry Description

Laundry Equip - Owned


Floor Description

See Remarks


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Other


Basement

Yes

Exterior/Building Features

Lot Size

0.09 Acres


Lot Features

Other

Other Property Details

Area Name

Oakland


Accessibility

Other, See Remarks


Garage

Yes


Parking

Attached, Covered


Parking Total

5


View

No


View Description

None


County

Alameda


Water Source

Other


Utilities

Other Water/Sewer

Listing History

Date

Event

Price

1/3/2025

Price change

$2,395,000

-8%

11/13/2024

Price change

$2,595,000

-4%

10/29/2024

Price change

$2,695,000

-2%

Listed by Willem Bos with COMPASS
Listing Contact: 916-698-9954 

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