Site icon Bos Group

809 E 28th St

809 E 28th St

Oakland, CA 94606

\ Expired

$2,395,000

14-unit Apartment Building

The Bos Group is excited to present 809 E 28th St, a well-maintained 14-unit apartment community located in the heart of Oakland’s Ivy Hill Neighborhood.

The property, featuring (6) large studio units, (7) 1-bedroom, 1-bathroom units, and (1)1-bedroom + Den, 1-bathroom unit, is designed to maximize space and functionality. What sets this property apart is its unique and desirable corner lot, beautiful architecture with period-appropriate details, and five secured garage spaces.

This day-one cash-flowing property offers significant rental upside and is strategically positioned to deliver long-term returns through unit remodels and upgrades. The property’s ability to attract premium tenants and maintain a very low vacancy rate, a feat it has achieved for over 22 years, provides potential investors with a sense of security and stability.

Year Built

1923

Number of Units

14

Price/Unit

$171,071

Square Feet

9,496

Cost/Sq. Foot

$252

CAP

6.50%

GRM

9.94

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