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13176671
13176674

2712-2726 Park Blvd, Oakland, CA 94606

CR
CA 01820082
Compass San Francisco
Listed by Compass San Francisco
$2,750,000
126 days on market
Updated 36 days ago

2712-2726 Park Blvd

Details
Property Type Land, Mixed Use
Sub Type Land, Redsidential (+1)
Square Footage 10,943
Net Rentable (SqFt) 9,700
Units 11
Cap Rate 6.25%
NOI $18,000
Occupancy 30%
Tenancy Multi
Price per SqFt $251
Broker Co-Op Yes
Class C
Year Built 1950
Buildings 1
Stories 2
Lot Size (SqFt) 10,000
Zoning RU-5

Land | 10,000 SqFt

Marketing description

Fantastic opportunity with amazing Commerical properties ready to go and ready for build out. Seize this rare 75% vacant opportunity with adjacent vacant lot and excellent frontage for an exceptional investment in the heart of vibrant Ivy Hill.

Investment Highlights:

  • Multi-Faceted Property: A multi-use building with 5 vacant spacious commercial units within the building & 6 well-appointed 1BD/1BA residential apartments in a highly desirable rental market (3 vacant). The frontage & commercial spaces offer excellent income potential and are perfect for a variety of businesses, from retail shops to professional offices. The total interior space of the building measures approximately 9,700 SF, ensuring ample room for both residential & commercial purposes.

  • Adjacent Vacant Land Lot: Poised to deliver substantial returns at ~3,000 SF. Presents a fantastic opportunity for development or expansion, adding more value. Previously used as a parking lot to the adjacent commercial buildings.

  • Versatile Zoning: Property benefits from flexible zoning regulations, opening doors to multiple investment avenues, including residential, commercial, or a combination. Increasing Building Height is an option!

  • Abundant Space: ~10,000 SF Total Lot and per Appraiser Total Building ~10,943 SF.

Investment highlights

  • Multi-Faceted Property: A multi-use building with 5 vacant spacious commercial units within the building & 6 well-appointed 1BD/1BA residential apartments in a highly desirable rental market (3 vacant). The frontage & commercial spaces offer excellent income potential and are perfect for a variety of businesses, from retail shops to professional offices. The total interior space of the building measures approximately 9,700 SF, ensuring ample room for both residential & commercial purposes.

  • Adjacent Vacant Land Lot: Poised to deliver substantial returns at ~3,000 SF. Presents a fantastic opportunity for development or expansion, adding more value. Previously used as a parking lot to the adjacent commercial buildings.

  • Versatile Zoning: Property benefits from flexible zoning regulations, opening doors to multiple investment avenues, including residential, commercial, or a combination. Increasing Building Height is an option!

  • Abundant Space: ~10,000 SF Total Lot and per Appraiser Total Building ~10,943 SF.

Listing Contacts

CR
CA 01820082
Compass San Francisco
Listed by Compass San Francisco

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$18,000.00
$1,500.00/mo

Valuation Metrics

0
DSCR
0.65%
Cap Rate
0.65%
ROI

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Additional Information

Name
Paul Dobson
License
CA 01977751
Brokerage
Compass
Title
Broker of Record
Brokerage Address
891 Beach St., San Francisco, CA 94109
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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