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About the Listing BMLS-OBBKWR - BMLS-R01890931
This c. 1900 building has spent over a century on East 10th Street watching the neighborhood change around it, and right now it sits directly across from 16,000 Laney College students and nine minutes on foot from Lake Merritt BART. Four 1BD/1BA units, all individually gas-metered, with in-place income of $53,904 against an estimated market of $86,400 — a 60% gap built from three long-tenured month-to-month tenants whose rents have simply never caught up, and a fourth unit sitting vacant and available today. New roof in April 2024, refreshed interiors in several units, and owner-paid utility costs that ran $135 last year. At $498,000 — $182 per square foot, $124,500 per door — the work is priced in and the upside is waiting.
Listing Highlights
Status
Active
Days on Site
18
Property Type
Multi-Family
MLS ®
41138643
Year Built
1900
Total Square Footage
0
Lot/Acreage
0.06
County
Alameda
Neighborhood
Lake Merritt
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances: Gas Water Heater
- Air Cond:
- Heating:
- Fireplaces:
- Floor: Tile,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Corner Lot,Front Yard,Street Level,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 2
- Zoning: HBX-2
- Roof: Shingle
- Others: Wood Siding,2+ Total Units
- Sewer:
- Parking Features: Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 19229
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
402 E 10th St Oakland, CA 94606
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