1746 10Th Ave, Oakland, CA 94606
- $1,095,000
Listed by Nicole Norris, (510) 499-3174 from Marquardt Property Management
(If provided) CoList: from
- List Price
- $1,095,000
- Price Change
- ▼ $105,000 1789530058
- MLS#
- EB41139459
- Status
- ACTIVE
- Lot Size
- 13,400
- Listing Area
- Oakland Zip Code 94606
- Year Built
- 1919
Property Description
Rare opportunity to acquire a well-maintained 11-unit Queen Anne Victorian offering distinctive architectural character, established rental income, and long-term, stable tenancy. Built in 1892, this three-story property features a mix of studio and one-bedroom residences, a wraparound porch, high ceilings, a long tandem driveway, finished basement space, and an expansive grassy front yard. Significant capital improvements include approximately $135,000 in recently completed permitted electrical upgrades, a permitted earthquake-resistant reinforced perimeter foundation with shear-wall protection, and a garage roof replacement in 2016. Current monthly rental income is $12,412.48. Offered at $1,095,000, the property presents an estimated 6.3% cap rate and 7.4 GRM based on seller-provided financial information. The property carries a City of Oakland historic designation and is reportedly exempt from the Soft Story Ordinance. Buyers should independently verify all financial information, permits, records, and ordinance applicability. A distinctive Oakland multifamily investment combining historic charm, consistent ownership care, established income, and long-term investment potential.
Additional Information
- Acres
- 0.31
- Amenities
- Storage Area(s), Balcony/Patio
- Cooling System
- None
- Exterior Features
- Siding - Wood
- Floor Covering
- Carpet - Wall to Wall
- Garage Parking
- Detached Garage, Tandem Parking
- Heating System
- Wall Furnace
- Lot Size
- 13,400
- Neighborhood
- Oakland Zip Code 94606
- Numberof Units
- 11
- Other Rooms
- Basement - Storage Area, Basement - Finished
- Unincorporated Yn
- Yes
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