175 Santa Rosa Ave, Oakland, CA 94610
Property
Sold February 2025
Listing Agent: Timothy Warren (DRE #02008347) · Listing Office: NAI Northern California · Contact: 510-336-4712 · Bought with: Timothy Warren · NAI Northern California · MLS #41076507 · Source: CRMLS
About this property
175 Santa Rosa Avenue is a 33-unit apartment community located on a quiet tree-lined street in Oakland's Grand Lake Neighborhood. The property consists of a mix of one and two-bedroom units with a large 2,000+ square foot penthouse occupying the fourth floor. Amenities include 34 garage parking spaces, three on-site laundry rooms, and covered balconies. Capital Improvements include a new roof, fresh exterior paint, new hot water heaters, and an updated intercom system. The property offers excellent in-place cash flow with over $220,000 of annual rental upside allowing a new owner to maximize their return over time. The building is seismically exempt making this a true turn-key asset. This highly sought-after location will continue attracting premium tenants and maintain a low vacancy rate.
Listing description from the February 2025 sale, as reported to CRMLS.
Sale history