Historic Queen Anne Victorian 11-unit property in Oakland, originally built in 1892 with an apartment conversion completed in 1944 for military housing. This 3-story property features a mix of studio and 1-bedroom units, wraparound porch, high ceilings, long tandem driveway, finished basement, and large grassy front yard. Significant improvements include a permitted earthquake-resistant reinforced perimeter foundation with shear wall protection, updated electrical service, and garage roof replacement in 2016. City of Oakland historic designation and reportedly exempt from Soft Story Ordinance. Current monthly rents are $12,412.48. Rare opportunity to acquire a distinctive Oakland multi-unit asset with historic charm and strong income potential.
Listing courtesy of Listing Agent: Nicole Norris (nicole@mpmoakland.com) from Listing Office: Marquardt Property Management.
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