Description
A 4-unit (all 1BR/BA) Oakland multifamily that’s laden with possibility, 367 Alcatraz Avenue sits atop a robust 5,400 square foot lot with a generous backyard that tenants will love for outdoor weekend gatherings and owners will love for its ADU potential. The building itself is 2,702 square feet which means each of the units (which are independently metered) are well-sized for the marketplace, and will be suited to command top-tier rents when they become vacant (it bears mentioning that only one of the units shall be delivered vacant upon close). This property is in the always popular Fairview Park neighborhood—just a few blocks from the fantastic bars, restaurants, and retail offerings of College Avenue—and flanked by three of the best neighborhoods in the East Bay: Rockridge, Elmwood, and Claremont. What do these neighborhoods entail? In addition to dining and retail, they all feature fantastic schools, gorgeous greenspaces, and exceptional entertainment.
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