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Listed by KW Advisors
$ 6,995,000
Est. payment /mo
Open 10/21 2PM-4PM
303 Lee Street Oakland, CA 94610
18,720 SqFt
Open House
Wed Oct 21, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 18,720 sqft
Price per Sqft $373
MLS Listing ID ML82064394
HOA Y/N No
Year Built 1964
Lot Size 8,712 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
25 apartments at 303 Lee Street (Lake Side Apartments), an elevator building built in 1964 with about 18,720 SF: 18 one-bedrooms and 7 two-bedrooms, including a two-bedroom, two-bath penthouse. Poured-in-place concrete garage, coin-operated laundry on site, and about 80% of units renovated. Sewer lateral certified by EBMUD through 2029. Market rents run about 11% above in-place rents. In Adams Point on a tree-lined street about 0.3 mi from the Lake Merritt shoreline and Children's Fairyland, 0.2 mi from Whole Foods, near Grand Avenue and the Grand Lake Theatre, with 19th Street BART about 0.7 mi away and quick I-580 access. 5.64% current cap; 5.68% pro forma cap. Existing financing in place. Motivated ownership: all offers reviewed; Q4 2026 close preferred.
Location
State CA
County Alameda
Interior
Heating Other
Cooling Other
Fireplace No
Exterior
Handicap Access Other