1900 26th AVE, Oakland, CA 94601

$7,995,000
24,789
SqFt

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Listed by Alina Siert, 408-712-7692 from KW Advisors
(If provided) CoList: from

List Price
$7,995,000
MLS#
ML82064244
Status
ACTIVE
Sqft. of Residence
24,789
Lot Size
10,019
Year Built
1928

Property Description

Offered only as part of a four-building, 181-unit portfolio in Oakland's Fruitvale district at $33,486,000; the buildings are not sold separately. Building 2 of 4: Kensington Gardens, 1900 26th Avenue. 41 apartments plus a separate parcel with 45 garages. Three-story building built in 1928 and rehabilitated after a 2023 fire, with new electrical and plumbing: 24 studios, 13 one-bedrooms and 4 two-bedrooms in about 31,889 SF. Separately metered; video surveillance. Subject to a City of Oakland regulatory agreement through 3/2034 (at least 10 units at 80% AMI or below). Taxes reflect a partial welfare exemption; buyer to verify. Pro forma market rents run about 16% above in-place rents. About 0.7 mi from Fruitvale BART and Fruitvale Village. The portfolio: 1757 26th Ave (39 units), 1900 26th Ave (41 units + 45 garages), 2555-2567 Foothill Blvd (61 units) and 2624 Foothill Blvd (40 units).

Additional Information

Cooling System
Other
Foundation
Other
Garage Parking
Other
Heating System
Other
Living Area
24,789
Lot Size
10,019
Other Utilities
Other
Roof
Other
Sewer
Other
Unincorporated Yn
Yes
Zoning
C-30

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