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