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3057-3063 Blossom Street, Oakland, CA 94601

$1,572,000
: 16
BD
: 5,280
SqFt

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List Price: $1,572,000
Days on Market: 44
MLS#: 426157687
Bedrooms: 16
Living Sq. Ft: 5,280
Lot Size: 8,020
Type: Multifamily
Zip: 94601
city: Oakland

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Property Description

Blossom Street Apartments is a gated 8-unit multifamily investment comprised of two adjacent fourplex buildings in Oakland's Fruitvale neighborhood. The property features a desirable all 2-bedroom / 1-bathroom unit mix, on-site parking, separately metered utilities, and a secure gated layout. The property offers investors an attractive combination of strong in-place income and rental upside, with current rents below projected market levels and a vacant unit providing immediate lease-up potential. Conveniently located near Fruitvale BART, Interstate 580, and major East Bay commuter corridors, Blossom Street Apartments presents a compelling opportunity to acquire a well-located multifamily asset with the potential for continued income growth.

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Additional Information

Zoning: RM-3
Possession: Close Of Escrow
Year Built: 1962
Building Name: Blossom Apartments
Acres: 0.18
Parking Spaces: 8
Stories: 2