$6,995,000
FOR SALEActive303 Lee Street
Oakland CA 94610
18,720
SF
Commercial
Type
1964
Built
$374/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
25 apartments at 303 Lee Street (Lake Side Apartments), an elevator building built in 1964 with about 18,720 SF: 18 one-bedrooms and 7 two-bedrooms, including a two-bedroom, two-bath penthouse. Poured-in-place concrete garage, coin-operated laundry on site, and about 80% of units renovated. Sewer lateral certified by EBMUD through 2029. Market rents run about 11% above in-place rents. In Adams Point on a tree-lined street about 0.3 mi from the Lake Merritt shoreline and Children's Fairyland, 0.2 mi from Whole Foods, near Grand Avenue and the Grand Lake Theatre, with 19th Street BART about 0.7 mi away and quick I-580 access. 5.64% current cap; 5.68% pro forma cap. Existing financing in place. Motivated ownership: all offers reviewed; Q4 2026 close preferred.
Property Information
Property Overview
Commercial
Property Type
Active
Status
R-80
Zoning
0.2 acres
Lot Size
18,720 SF
Square Footage
$373.66/SF
Price per SF
$93,260
Annual Tax
1,964
Year Built
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
Data not available.
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CRMLS
MLS# ML82064394
Listed:
Nalren refreshed:
Last updated
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Listed by: KW Advisors
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.