$2,250,000
6.25% Cap Rate! Exceptional turnkey eight-unit apartment building located just steps from the City of Piedmont in one of Oakland’s most coveted locations. The property offers an ideal unit mix of three 2BD/1BA units and five 1BD/1BA units, all benefiting from more than $300,000 in capital improvements completed over the past three years, including new windows, electrical and plumbing upgrades, tankless hot water heaters, and modern unit renovations. The building is SB 721 compliant and sewer lateral compliant, providing peace of mind and minimal deferred maintenance for the next owner. With updated major systems, strong unit mix, and unmatched walkability, 133 Echo Avenue represents a rare opportunity to acquire a fully improved, low-maintenance multifamily asset in a premier Oakland neighborhood.
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Listed by Timothy Warren with NAI Northern California (510) 336-4712
Property Type
Residential Income
Status
Active
MLS Number
41124314
Year Built
1908
Lot Size
8,499 sq ft