200 Montecito Ave

Oakland, CA, 94610

$8,250,000

$314 per ft²
$8,250,000
$314 per ft²
Active
Active
 - For Sale
carpenters-square
26,240 ft²
property_type
Commercial
calendar
Built 1967
200 Montecito is a 21-unit multifamily building located in the heart of Oakland’s Adams Point neighborhood. Built in 1967, the property is comprised of five stories of wood frame and stucco construction above a concrete podium and garage parking. The building has been well maintained during the current ownership’s hold period spanning more than three decades. A new owner can unlock significant upside by modernizing the already well-maintained building exterior and common areas as well as renovating units to a modern style finish on unit turnover. 200 Montecito offers tenants a charming neighborhood surrounding as well as unmatched proximity to retail, dining and transit. The property is less than one mile from most of Downtown Oakland’s best attractions for restaurants, bars, entertainment and transit. Tenants are just a two-block walk from Whole Foods Market as well as their daily coffee or smoothie at Equator Coffees and Urban Remedy as well as the TransBay bus.
MLS® ID:
41003873
Listed:
8/1/22
Updated:
8/8/22

Interior Features

Kitchen Appliances
Dishwasher, Built-In Range, Refrigerator, Gas Water Heater
Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Laundry Equip - Leased
Floor Description
Vinyl, Carpet
Cooling
Heat Pump
Heating
Heat Pump

Exterior/Building Features

Lot Size
0.25 acres lot
Lot Details
Corner Lot, Regular
Roof
Polyurethane Foam, Flat

Other Property Details

Garage
Yes
Parking
Enclosed, Int Access From Garage, Security Garage, Space Per Unit - 1
View
Y
County
Alameda
Water Source
Public
Pool
No

Courtesy of Marcus & Millichap, Joseph Owens

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