$3,250,000
$3,500,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
9,746 SqFt
SOLD DATE : 10/16/2023
Key Details
Sold Price $3,250,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 9,746 sqft
Price per Sqft $333
MLS Listing ID ML81934678
Sold Date 10/16/23
Bedrooms 3
Full Baths 2
Year Built 1962
Lot Size 0.275 Acres
Property Description
170 Stoakes Ave is an exceptional 14-unit apartment community located in the thriving city of San Leandro, California. Situated on a 12,000 square foot parcel of land, the subject property was originally constructed in 1962 and has a gross building area of approximately 9,746 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The investment appeal of this asset is driven by San Leandro's strong employment fundamentals and low vacancy levels. With a world class location in the heart of the East Bay, 170 Stoakes Ave presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.
Location
State CA
County Alameda
Area San Leandro
Zoning RM-1800
Interior
Heating Wall Furnace
Cooling None
Exterior
Garage Carport
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Flat / Low Pitch,Wood Shakes / Shingles
Building
Foundation Concrete Slab
Sewer Sewer Connected
Water Public
Others
Restrictions None
Tax ID 75-188-6-1
Security Features None
Special Listing Condition Not Applicable
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Bought with Adam S. Levin • Marcus & Millichap