430 Vernon Street, Oakland, CA 94610
Listed by Ryan Rodriguez • Colliers International
$2,200,000
Est. payment /mo
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8,004 SqFt
Active

430 Vernon Street Oakland, CA 94610

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Peter Cheung

Peter Cheung

+1(510) 387-3876

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 8,004 sqft

Price per Sqft $274

Subdivision Alameda County

MLS Listing ID 41147466

HOA Y/N No

Year Built 1961

Lot Size 7,840 Sqft

Property Sub-Type OTHER

Source BAY EAST

Property Description

430 Vernon Street, a 12-unit apartment community situated on a 0.18-acre parcel in Oakland, California. The property offers residents convenient community amenities and a strategic location just minutes from major Downtown Oakland employment hubs, vibrant retail destinations, and Lake Merritt. With convenient access to key regional thoroughfares, including I-580 and I-980, the property benefits from a robust tenant profile seeking a commuter-friendly location paired with a park-like setting. With in-place rents currently exhibiting a 20.17% loss-to-lease, 430 Vernon Street offers investors solid in-place cash flow from day one with a clear opportunity for future rent growth and long-term appreciation in one of the East Bay's strongest markets. Tour Dates: September 17th 10:00 am September 22nd 10:00 am

Location

State CA

County Alameda

Interior

Heating Other

Cooling Other

Flooring Other

Fireplace No

Building

Lot Description Other

Water Other

Others

Special Listing Condition Standard

Bay East Association of Realtors
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Peter Cheung

Peter Cheung

Realtor® CA BRE#: 02070039

+1(510) 387-3876

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