2550 35th Ave, Oakland, CA 94601 - Berkshire Hathaway HomeServices California Properties

2550 35th Ave, Oakland, CA 94601

$2,750,000 Approx. USD 0 beds, 0 baths

Listing Agent


Pedram Karbassi | pedram@eliteapts.com
Lic#: 01522384
Broker: Courtesy of Bay's Elite Investments

Agent Remarks

Bay's Elite Investments is pleased to present to the seasoned investors a unique investment property in a solid Oakland location in the Bartlett/Allendale neighborhood. This 18 unit apartment complex features Six 2 bed/1bath and Twelve 1bed/1bath units with and four 1bd/1bth units with market rate tenants, with an excellent long-term upside. The property was originally built in 1954, offers approximately 11,960 square feet www.eliteinvests.com of rental space, and sits on a 1/2 acre lot with 18 parking space, majority of them being carports (1 to 1 ratio). Some units have been remodeled over time and offer newer kitchens and bathrooms, vinyl floors, and so on. The building is located about 3 minutes from 580 freeway with a quick and easy commute to Oakland Lake Merritt or a 30 minute drive to downtown San Francisco. Fruitvale BART is literary a 5 minute drive or bike ride south on 35th Ave or 10 minutes on bus. The current owners have made substantial capital expenditures in the property in the past several years. The roof of both buildings have been replaced and recoated in 2024 and 2025 at a cost of approximately $40,000. The property has been earthquake retrofitted at a cost of about $110,000 in 2024. And the units have been extensively rehabbed upon turnover.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 41093383
Price: $2,750,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1956
0.50 acres
Lot size: 0.5000
County: Alameda
Construction: See Remarks,Stucco,Wood Siding
Appliances: Dryer,Washer
Heating/cooling: None
Heating description: Wall Furnace

Last Updated: 4/24/2025

 Days On Market (DOM): 14

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Lat/Long: 37.787359, -122.210721.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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