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2550 35th Ave, 
Oakland, CA 94601

$2,750,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Pedram Karbassi

Bay'S Elite Investments

510-214-2616

Last updated:

April 18, 2025, 10:10 AM

MLS#

41093383

Source:

CRMLS

About This Home

2550 35th Ave

Bay's Elite Investments is pleased to present to the seasoned investors a unique investment property in a solid Oakland location in the Bartlett/Allendale neighborhood. This 18 unit apartment complex features Six 2 bed/1bath and Twelve 1bed/1bath units with and four 1bd/1bth units with market rate tenants, with an excellent long-term upside. The property was originally built in 1954, offers approximately 11,960 square feet www.eliteinvests.com of rental space, and sits on a 1/2 acre lot with 18 parking space, majority of them being carports (1 to 1 ratio). Some units have been remodeled over time and offer newer kitchens and bathrooms, vinyl floors, and so on. The building is located about 3 minutes from 580 freeway with a quick and easy commute to Oakland Lake Merritt or a 30 minute drive to downtown San Francisco. Fruitvale BART is literary a 5 minute drive or bike ride south on 35th Ave or 10 minutes on bus. The current owners have made substantial capital expenditures in the property in the past several years. The roof of both buildings have been replaced and recoated in 2024 and 2025 at a cost of approximately $40,000. The property has been earthquake retrofitted at a cost of about $110,000 in 2024. And the units have been extensively rehabbed upon turnover.

Home Facts

Multi-Family

Built in 1956

Price Summary

2,750,000

MLS #:

41093383

Last Updated:

April 18, 2025, 10:10 AM

Added:

5 day(s) ago


Structure

Structure

Year Built:

1956


Lot

Lot Size (Sq. Ft):

21,780


Finances & Disclosures

Finances

Price:

$2,750,000

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Village Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Village Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.