1746 10Th AveOakland, CA 94606

Description

Rare opportunity to acquire a well-maintained 11-unit Queen Anne Victorian offering distinctive architectural character, established rental income, and long-term, stable tenancy. Built in 1892, this three-story property features a mix of studio and one-bedroom residences, a wraparound porch, high ceilings, a long tandem driveway, finished basement space, and an open front yard. Significant capital improvements include approximately $135,000 in permitted electrical upgrades, a permitted earthquake-resistant reinforced perimeter foundation with shear-wall protection, and a garage roof replacement completed in 2016. Current scheduled rental income is $12,412.48 per month. Offered at $1,095,000, the property presents an attractive 7.4 GRM based on seller-provided financial information. The property carries a City of Oakland historic designation and is reportedly exempt from the Soft Story Ordinance. A distinctive Oakland multifamily investment combining historic charm, established income, consistent ownership care, and long-term investment potential.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1919

Living area

6,426 Sq Ft

Lot size

0.31 acres

Days on market

99

MLS^® Listing#

41139459

Property Features

Interior

Storage

Cooling

None

Heating

Wall Furnace

Flooring

Carpet

Basement

Finished · Storage Space

Parking

Detached · Tandem · Garage

Lot features

Corner Lot

Construction

Wood Siding

Security

Carbon Monoxide Detector(s) · Smoke Detector(s)

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

202161