1254 East 12th Street, Oakland, CA, 94606
1254 East 12th Street
Oakland, CA 94606
FOR SALE
Property Type:
MultiFamily ApartmentsAmount:
$1,500,000
Last Verified:
Nov 12, 2024Daily Email Blast
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Highlights
- (6) Live/Work Loft Style Units
- Secure Off Street Gated Parking
- Terrific access to Public Transit – just outside your doors!
- Shared Gas, Electric, Water – immediate opportunity to implement RUBS
- Rooftop Solar – provides low-cost, energy efficient, renewable electricity
- Coveted Secure Outdoor Inner Courtyard Area for Fitness / Gardening/ Workspace and other uses...
- Opportunity Zone “OZ” ~ https://maps.gis.ca.gov/hsr/map.html
- Immediate Value-Add Opportunity for Investors!
- Exceptional Owner/User Live Work ability!
- Awesome Commercial Business Owner Occupy (50%+) for SBA Qualification!
Description
6 Units – (2) Live/Work Owner/User Art Studios with (4) Loft Apartments with Open Area Shared Inner Courtyard
A phenomenal Live/ Work Owner/User or Investment Opportunity!
With the (2) Live/Work Owner Occupied Units being delivered Vacant upon Close of Escrow, this former Artist Compound lends itself well for another Artist to Live/Work, or a Commercial Business to Occupy more than 50% of the Property and enjoy rental income from the (4) Loft Apartments, or repositioned into fully occupied Multifamily Apartment Community!
Just across from Brooklyn Basin’s Waterfront Destination, ease of access to the 880 FWY and minutes to Downtown Oakland and ability to get anywhere in the Greater Bay Area!
Building Size: 6603sq ft
Lot Size: 0.23 acres