27102726 Park Boulevard, Oakland
Oakland Home For Sale
Seize this rare mostly vacant opportunity for an exceptional investment. Instant income generation w/an excellent Retail Building currently leased to Mayflower Spa; has options for extending or for an owner-user space w/ great signage visibility; an ideal addition to your portfolio at a 6.25% - 8% cap or better. A Multi-Faceted multi-use building w/5 spacious commercial units (5 vacant) & 6 well-appointed 1BD/1BA residential apartments, in a desirable rental market (3 vacant); commercial spaces offer income potential for a variety of businesses; total interior is ~9,700 SF, ensuring ample room. The adjacent vacant land lot is poised to deliver substantial returns at ~ 3,000 SF; it's a fantastic opportunity for development or expansion, adding value; previously used as parking for adjacent commercial buildings. The property benefits from flexible zoning regulations, opening up multiple investment avenues. Abundant Space: ~12,700 SF Total Lot, and Per Appraiser Total Building ~12,868 SF.
Property Details
Additional Information
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- City:
- Oakland
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- County:
- Alameda
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- Zip:
- 94606
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- MLS® #:
- ML81918577
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- Lot Size:
- 0.29
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- School District:
- Other
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- HOA Dues:
- $
Price Change History for 27102726 Park Boulevard, Oakland, (MLS® #ML81918577)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced | $3,645,000 | $100,000 (2.67%) | |
| Price Reduced | $3,745,000 | $170,000 (4.34%) | |
| Price Reduced (from $4,350,000) | $3,915,000 | $435,000 (10.00%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 9th, 2024 at 5:40pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.