3057-3063 Blossom Street, Oakland, CA 94601

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

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List Price
$1,572,000
MLS#
426157687
Property Type
Multifamily
Bedrooms
16
Sqft. of Residence
5,280
Lot Size
8,020
Region
Oakland Zip 94601
Status
ACTIVE
County
Alameda
Acres
0.18
Year Built
1962
Parking Spaces
8

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.

Additional Information

Building Name
Blossom Apartments
Living Area
5,280
Lot Size
8,020
Possession
Close Of Escrow
Region
Oakland Zip 94601
Units
8
Utilities
Common Area Meter
Zoning
RM-3

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Calculator source: Real Geeks

Listing courtesy of SVN/Pacific Commercial Advisors.