184 13th St, Oakland, CA 94612

$11,500,000
76,562
SqFt

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List Price
$11,500,000
Status
ACTIVE
MLS#
41111406
Price Change
▼ $850,000 1762240573
Year Built
1920
Property Type
5 Or More Units
Living Area
76,562
Lot Size
16,000
Acres
0.37
County
Alameda
Subdivision
Downtown

Property Description

184 13th Street is 98-unit multifamily investment opportunity in the heart of Downtown Oakland. This six-story, elevator-served building spans 76,562 square feet on a 16,000-square-foot corner parcel and features a well-balanced unit mix of studios, one-, two-, and three-bedroom apartments, along with secure lobby access, on-site laundry facilities, and a leasing office. The property has benefited from more than $500,000 in recent capital improvements, including electrical and plumbing upgrades, a new roof, and elevator modernization. Offered at just $126,020 per unit, the asset provides an exceptional entry point into one of Oakland’s most dynamic neighborhoods—less than three blocks from Lake Merritt. The property is being offered at a 33% discount to its 2022 sale price, creating an incredible basis and a rare opportunity to acquire a stabilized asset well below replacement cost.

Additional Information

Exterior
Stucco
Flooring
Hardwood, Carpet
Laundry Features
Laundry Room
Lot Description
Corner Lot
Parking Features
None
Roof
Rolled/Hot Mop
Water Sewer
Water District

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Calculator source: Real Geeks

Listing courtesy of Timothy Warren from NAI Northern California. 510-336-4719

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