Active

2710-2726 Park BLVD

OAKLAND CA, 94606

$3,645,000


$283.26 per sqft

Active

12,868 sqft

Multi-family

Built in 1950

Listed by Compass, Carol Reen, Listing Contact: 4157286199

Seize this rare mostly vacant opportunity for an exceptional investment. Instant income generation w/an excellent Retail Building currently leased to Mayflower Spa; has options for extending or for an owner-user space w/ great signage visibility; an ideal addition to your portfolio at a 6.25% - 8% cap or better. A Multi-Faceted multi-use building w/5 spacious commercial units (5 vacant) & 6 well-appointed 1BD/1BA residential apartments, in a desirable rental market (3 vacant); commercial spaces offer income potential for a variety of businesses; total interior is ~9,700 SF, ensuring ample room. The adjacent vacant land lot is poised to deliver substantial returns at ~ 3,000 SF; it's a fantastic opportunity for development or expansion, adding value; previously used as parking for adjacent commercial buildings. The property benefits from flexible zoning regulations, opening up multiple investment avenues. Abundant Space: ~12,700 SF Total Lot, and Per Appraiser Total Building ~12,868 SF.

ML81918577

MLS ID

February 10, 2023

Listed

September 13, 2024

Updated

Map

2710-2726 Park BLVD
OAKLAND CA, 94606

Interior Features

Interior Features

Hardwood, Tile


Appliances

Oven, Range


Floor Description

Hardwood, Tile


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.29 Acres


Sewer

Public Sewer

School Information

School District

Oakland Unified

Other Property Details

Area Name

Oakland Zip Code 94606


Garage

No


View

No


County

Alameda


Water Source

Public


Pool

No


Zoning

RU-5

Listing History

Date

Event

Price

6/24/2024

Price change

$3,645,000

-3%

10/3/2023

Price change

$3,745,000

-5%

Listed by Compass, Carol Reen,
Listing Contact: 4157286199 

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Rick Smith are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 9:04 PM UTC, 9/13/2024

 

 

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