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Listed by Timothy Warren, DRE #02008347 • NAI Northern California
$ 2,250,000
Est. payment /mo
Price Dropped by $145K
133 Echo Ave Oakland, CA 94611
6,617 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,617 sqft
Price per Sqft $340
MLS Listing ID EB41124314
Year Built 1908
Lot Size 8,500 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
6.25% Cap Rate! Exceptional turnkey eight-unit apartment building located just steps from the City of Piedmont in one of Oakland's most coveted locations. The property offers an ideal unit mix of three 2BD/1BA units and five 1BD/1BA units, all benefiting from more than $300,000 in capital improvements completed over the past three years, including new windows, electrical and plumbing upgrades, tankless hot water heaters, and modern unit renovations. The building is SB 721 compliant and sewer lateral compliant, providing peace of mind and minimal deferred maintenance for the next owner. With updated major systems, strong unit mix, and unmatched walkability, 133 Echo Avenue represents a rare opportunity to acquire a fully improved, low-maintenance multifamily asset in a premier Oakland neighborhood.
Location
State CA
County Alameda
Area Oakland Zip Code 94611
Interior
Heating Wall Furnace
Cooling None
Flooring Tile, Hardwood
Exterior
Parking Features No Parking
Roof Type Composition
Building
Lot Description Other
Others
Special Listing Condition Price Change, Not Applicable
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