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    275-9 Vernon St

    Oakland, CA 94610
    • $7,750,000
    • STATUS: Active
    • ON SITE: 30 days
    • ID#: 40922970
    UPDATED: 191 min ago
    $7,750,000
    • 0
      BEDS
    • 0.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:
    Area:

    School Ratings & Info

    Description

    On the market for the first time, 275279 Vernon St is an expansive apartment community located in the Adams Point neighborhood of Oakland, CA. Custom built by Kenneth H. Solares in 1955, these well maintained and well managed, pride of ownership assets will be highly sought after by investors, owner occupiers and 1031 buyers alike. The property consists of two buildings surrounding an attractive courtyard totaling 17,202 SF on a 18,538 SF parcel. 6 X 1-bed, 1-bath units and 13 large 2-bed, 1-bath units make up the unit mix featuring radiant heat, back doors in every unit, dishwashers and disposals and most units have balconies. The buildings are surrounded by attractive sprinklered landscaping, each unit has a carport parking space accessed via Orange St and each building has its own laundry room.

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    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-29T23:41:22.527.

    www.lucasgphomes.com/homes/110504663
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    275-9 Vernon St Oakland, CA 94610

    • Price: $7,750,000
    • Status: Active
    • Updated: 191 min ago
    • ID#: 40922970
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.43
    Acres
    1955
    Built
    Neighborhood:
    Adams Point
    County:
    Alameda
    Area:
    Oakland
    Property Description
    On the market for the first time, 275279 Vernon St is an expansive apartment community located in the Adams Point neighborhood of Oakland, CA. Custom built by Kenneth H. Solares in 1955, these well maintained and well managed, pride of ownership assets will be highly sought after by investors, owner occupiers and 1031 buyers alike. The property consists of two buildings surrounding an attractive courtyard totaling 17,202 SF on a 18,538 SF parcel. 6 X 1-bed, 1-bath units and 13 large 2-bed, 1-bath units make up the unit mix featuring radiant heat, back doors in every unit, dishwashers and disposals and most units have balconies. The buildings are surrounded by attractive sprinklered landscaping, each unit has a carport parking space accessed via Orange St and each building has its own laundry room.
    Exterior Features

    Additional Misc Features Balcony/PatioExtra StorageLawn SprinklerOther Exterior StuccoWood Frame Lot Description RegularOther Parking Description Carports - 2 Or MoreGarage ParkingSpace Per Unit - 1 Parking Spaces Total 19 Parking Spaces Unit1 1 Parking Spaces Unit2 1 Parking Spaces Unit3 1 Parking Spaces Unit4 1 Roof Flat

    Interior Features

    Air Cond Unit1 No Air Cond Unit2 No Air Cond Unit3 No Air Cond Unit4 No All Units Have DishwasherDisposalOtherOven Range Free StandingRefrigerator Apx Sq Ft Unit1 705 Apx Sq Ft Unit2 780 Apx Sq Ft Unit3 961 Apx Sq Ft Unit4 1054 Basement None Bathrooms Unit1 1 Bathrooms Unit2 1 Bathrooms Unit3 1 Bathrooms Unit4 1 Bedrooms Unit1 1 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 2 Cooling NoneOther Dining Room Unit1 No Dining Room Unit2 No Dining Room Unit3 Yes Dining Room Unit31 Yes Fireplace Unit1 No Fireplace Unit2 No Fireplace Unit3 No Fireplace Unit4 No Flooring CarpetHardwood FloorsTile Heating Radiant Laundry Coin OperatedCommunity FacilityDryerIn Laundry RoomWasher Range Oven Unit1 Yes Range Oven Unit2 Yes Range Oven Unit3 Yes Range Oven Unit4 Yes Refrigerator Unit1 Yes Refrigerator Unit2 Yes Refrigerator Unit3 Yes Refrigerator Unit4 Yes Some Units Have DeckPatio

    Property Features

    Annual Expense Year 0 Annual Gross Fee Income 0 Annual Gross Sched Income 553220 Annual Insurance Expense 0 Annual License Expense 0 Annual Maintenance Exp 0 Annual Management Expense 0 Annual Miscellaneous Inc 0 Annual Rental Inc 0 Annual Taxes 0 Annual Total Oper Exp 231869 Annual Utility Expense 0 Annual Vacancy Expense 0 Building Type Lowrise (1-3 Flrs) City Transfer Tax Yes Disabled Features Other Equipment Additional DryerFire Alarm SystemWasherWater Heater GasOtherDouble Strapped Water HtrAll Public UtilitiesSolarIndividual Electric MeterMaster Gas Meter Existing Lease Terms None Financial Data Source OtherOwnerProjected Gross Oper Actual Inc 0 Net Operating Income 321351 Operating Expenses ElectricGasInsuranceLicense/AdsMaintenance/RepairManagementMiscellaneous/OtherOtherProperty Tax/AssessmentsTrash RemovalUtilitiesVacancy FactorWater Other Annual Expense 0 Point Of Sale Ordinance Yes Separate Meters Electric Special Information None Tenant Pays ElectricOtherParking Tot Bldg Sq Ft 17202 Total Deposits 0 Views BayBay BridgeCity LightsDowntownGolden Gate BridgeMountainsSan FranciscoBridgesCity Water Sewer Sewer System - PublicWater - Public

    Listing courtesy of Keith Manson of Cbre.


    Bay East ©2020. CCAR ©2020. bridgeMLS ©2020. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2020-10-29T23:41:22.527.

     
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