518 E 18th 514-518 E 18th St Immeuble residentiel 3 lots 824 599 € (274 866 €/Lot) Taux de capitalisation 6,70 % Oakland, CA 94606

TRANSPARENT PRICE. Unit 518 #2 is vacant and can be shown via calendly. Units 518 #1 and 514-516 (commercial unit) are tenant-occupied and can be shown via private tour.
Contact Joey at joeywang@kwcommercial.com to schedule a tour or with questions. For the offering memorandum and inspection reports, go to https://forms.gle/KkKudmgnZkEXC5kY7
Offers are due on Tuesday, April 22nd at noon.
Introducing Oakland’s 518 E 18th Street—the perfect starter home for any buyer who wants to pair their first residence with a stable source of rental income. This 3,332 sq. ft., 3-unit building is divided between two 1BR/1BA units and a sizable commercial space. The commercial space and one of the units will be delivered occupied, while the third unit (a rear-facing 1BR) will be delivered vacant. This arrangement will provide the new owner with a quiet, spacious place to live as well as an immediate cash flow of $5,189 per month. This property enjoys lush garden space, a shared laundry room, secured entry, and dedicated parking. Originally built in the 1920s, it also benefits from classic design elements such as wood trim finishes and built-in storage. Multiple AC Transit stops and a BART station (Lake Merritt) are all located within a 1-mile radius of this listing for commuting ease. It is also near Kaiser Permanente, Highland Hospital, Alta Bates, Children’s Hospital, and Laney College.