Sold

180 Montecito Ave

Oakland CA, 94610

$6,000,000


$321.91 per sqft

Sold

18,639 sqft

Commercial

Built in 1951

180 Montecito Ave. (180 Montecito) is a unique 1950's apartment building with large spacious apartments. The property boasts large studios and 1 bedroom units, hardwood floors, steam heat, abundant parking (19 spaces for 21 units), and abundant storage (22 spaces for 21 units). Most of the units are large enough to add an additional bedroom which could allow buyers to convert studios into 1 bedroom/1bath units and convert 1bd/1ba units into 2bedroom/1 bath units. An experienced buyer can realize the upside in this investment by updating the kitchens/bathrooms and/or converting the units by adding bedrooms. Located in Adams Point, one of the most coveted rental neighborhoods in Oakland, the property offers quick access to the 580 Freeway, Public Transportation on Grand Avenue. 180 Montecito is near Whole Foods, Grand Lake Theatre, and it is within walking distance to Uptown Oakland's fine dining, cafes, and the 1900 Broadway St Oakland BART Station.

40847436

MLS ID

December 3, 2018

Listed

February 15, 2024

Updated

Map

180 Montecito Ave
Oakland CA, 94610

Interior Features

Interior Features

Elevator


Appliances

Free-Standing Range, Refrigerator


Laundry Description

Laundry Room, Laundry Equip - Leased


Floor Description

Hardwood, Vinyl


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Steam

Exterior/Building Features

Lot Size

0.24 Acres


Lot Features

Other


Roof

Rolled/Hot Mop


Sewer

Public Sewer

Other Property Details

Area Name

Oakland Zip Code 94610


Garage

Yes


Parking

Attached


View

No


County

Alameda


Water Source

Public


Pool

No


Buyer Agency Compensation

2.25%

Listed by Tsegab Assefa with LAPHAM COMPANY, INC.
Listing Contact: 510-594-7611 

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