Sold
200 Montecito Ave
Oakland CA, 94610
$7,925,000
$302.02 per sqft
Sold
26,240 sqft
Commercial
Built in 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.
41003873
MLSⓇ ID
August 2, 2022
Listed
August 23, 2024
Updated
Map
200 Montecito Ave
Oakland CA, 94610
Interior Features
Interior Features
Elevator, Storage
Appliances
Dishwasher, Built-In Range, Refrigerator, Gas Water Heater
Laundry Description
Laundry Equip - Leased
Floor Description
Vinyl, Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Heat Pump
Heating
Yes
Heating Description
Heat Pump
Exterior/Building Features
Lot Size
0.25 Acres
Lot Features
Corner Lot, Regular
Roof
Foam
Sewer
Public Sewer
Other Property Details
Area Name
Oakland
Garage
Yes
Parking
Enclosed, Int Access From Garage, Security Garage, Space Per Unit - 1
Parking Total
21
View
Yes
View Description
City Lights, Hills, Lake, City
County
Alameda
Water Source
Public
Pool
No
Listed by Joseph Owens with Marcus & Millichap
Listing Contact: 925-808-9098
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