303 Lee ST, Oakland, CA 94610
303 Lee ST, Oakland, CA 94610
303 Lee ST, Oakland, CA 94610
303 Lee ST, Oakland, CA 94610
303 Lee ST, Oakland, CA 94610
303 Lee ST, Oakland, CA 94610
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In-PersonVirtual Tour
$ 6,995,000
Est. payment | /mo

8,712 Sqft Lot


Save
$ 6,995,000
Est. payment | /mo
Save

8,712 Sqft Lot

Open House

Wed Oct 21, 2:00pm - 4:00pm

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82064394

HOA Y/N No

Year Built 1964

Annual Tax Amount $93,260

Lot Size 8,712 Sqft

Property Description

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.

Location

State CA

County Alameda

Area 699 - Not Defined

Zoning R-80

Interior

Fireplace No

Exterior

Carport Spaces 23

Utilities Available Other

Roof Type Other

Building

Water Other

Schools

School District Other

Others

Tax ID 0100773008

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Alina Siert KW Advisors #01893238

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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303 Lee ST

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