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About the Listing ML5017094 - ML5084275,ML5105518
Offering memorandum available upon request. Yellowstone Investments is pleased to present 1152 98th Avenue, a fully renovated mixed-use property located in Oakland. This unique asset includes six total units, one retail space, and five residential units, across two separate buildings. With over $2.2 million invested in renovations, this offering represents a rare opportunity to acquire a turnkey property with minimal deferred maintenance. The first building is a duplex originally constructed in 1950 and fully remodeled in 2019. Each one-bedroom, one-bath unit has its own water meter. The building on the corner was initially built in 1905, was taken down to the studs, and completely rebuilt in 2021. It features a ground-floor retail space, a designated storage area, one large two-bedroom unit, and two three-bedroom units. All units are equipped with washer/dryer sets, tankless water heaters, and furnaces designed to accommodate future A/C condensers. The corner building operates on a single water meter; tenants pay 80% of the total bill, while the owner covers the remaining 20%. There are seven parking spaces on-site, including three garage spots. A low-rate mortgage from Fremont Bank, adjusting in April 2027, may be assumed or modified, subject to buyer qualifications.
Listing Highlights for 1152 98th Ave
Status
Active
Days on Site
105
Property Type
Commercial Sale
MLS ®
ML82008269
Year Built
2021
Total Square Footage
6,075
Lot/Acreage
N/A
County
Alameda
Area
699 - Not Defined
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: RM-4
- Roof: Composition,Flat
- Others:
- Sewer:
Financial Details
- Tax Amount: $28,987
- Taxes w/Assessments: N/A
- Tax/Property ID: 044497500101
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1152 98th Ave Oakland, CA 94603
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