Property History
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Marketing Description
The Mitchell Warren Team is pleased to announce the closing of 150 11th St, consisting of one (1) one-bedroom, one-bathroom unit and seven (7) two-bedroom, one-bathroom units. Currently, it possesses seven vacant units providing an opportunity to complete unit upgrades and achieve market-rate rents. The Property has also recently been repainted, and a new fire alarm system has been installed. Fantastic opportunity to stabilize the asset and generate significant cash flow in a core Downtown Oakland location.
Investment Highlights
- 6.61% Pro-forma CAP Rate in Core Location
- 8-Unit Value-Add Apartment Building
- Short Walk to Lake Merritt and Downtown Oakland
- Seven Units Delivered Vacant at Close of Escrow
- 3 Blocks to Lake Merritt BART
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Contact Information
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Ownership Information
Zoning
D-LM-4 MixedMixed UseLake Merritt Station Area District Mixed Commercial
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View all 96 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
Property Details
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