Active

1528 Alice Street

Oakland CA, 94612

$2,598,000


$267.26 per sqft

Active

9,721 sqft

Commercial

Built in 1910

1528 Alice St is an exceptional 12-unit value-add investment opportunity located in the thriving city of Oakland, California. Situated on a 6,700 square foot parcel of land, the subject property was originally constructed in 1910 and has a gross building area of approximately 9,721 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The subject property offers tenants convenient community amenities such as on-site laundry, bicycle parking, and a common backyard area. The property is located in the exceptional neighborhood of Lakeside, a family friendly neighborhood positioned just west of Lake Merritt. One of the most unique neighborhoods in all of Oakland, Lakeside combines the exciting urban life of Downtown Oakland with the peaceful suburban feel of Lake Merritt. The investment appeal of this asset is driven by Oaklands strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the East Bay, 1528 Alice St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.

ML81994467

MLS ID

February 18, 2025

Listed

February 19, 2025

Updated

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.15 Acres

Other Property Details

Area Name

Oakland


Garage

No


View

No


County

Alameda


Water Source

Public


Pool

No


Zoning

R-90

Listed by Robert Johnston with Marcus & Millichap
Listing Contact: 650-391-1744 

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