25 apartments at 303 Lee Street (Lake Side Apartments), an elevator building built in 1964 with about 18,720 SF: 18 one-bedrooms and 7 two-bedrooms, including a two-bedroom, two-bath penthouse. Poured-in-place concrete garage, coin-operated laundry on site, and about 80% of units renovated. Sewer lateral certified by EBMUD through 2029. Market rents run about 11% above in-place rents. In Adams Point on a tree-lined street about 0.3 mi from the Lake Merritt shoreline and Children's Fairyland, 0.2 mi from Whole Foods, near Grand Avenue and the Grand Lake Theatre, with 19th Street BART about 0.7 mi away and quick I-580 access. 5.64% current cap; 5.68% pro forma cap. Existing financing in place. Motivated ownership: all offers reviewed; Q4 2026 close preferred.
Термін оренди
Call to inquire18,720 Sq Ft
0.2 Приватні акри Розмір партії
інвестиції
Вбудовано 1964
MLS/Ідентифікатор об'єкта ML82064394
Heating - Other
Cooling - Other
ЗАГАЛЬНА МІСЯЧНА ВАРТІСТЬ
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