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Duplex with Huge Warehouse and Storefront 3615-3617 San Leandro St

4,125 SF 100% Leased Retail Building Oakland, CA 94601 £473,199 (£115/SF) 8.93% Net Initial Yield

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INVESTMENT HIGHLIGHTS

Duplex with Huge Warehouse and Storefront
Easy to Manage Property, Separately Metered For PG&E, with Low Annual Operating Expenses
Separately Metered For PG&E with Low Annual Operating Expenses

Mixed-Use Investment Featuring One Retail Unit, One Residential 2bd/1bth Unit, One Residential 1bd/1bth Unit and One Large Garage/Warehouse
Great Location Near Downtown Oakland, Lake Merritt, and Various Shopping Options
Opportunity to Package Sale with 916 36th Ave in Oakland

EXECUTIVE SUMMARY

Rare mixed-use residential and commercial mixed-use investment with excellent cash flow potential. The property was originally built in 1933, offers approximately 3,187 square feet of rental space, and sits on a 5,500 square foot lot with ample room for parking. The unit mix offers one 2bd/1bth unit, one studio unit, one retail unit, and a large 2,000 square foot warehouse. The property is easy to manage and separately metered for PG&E providing for low annual operating expenses. The retail unit, warehouse, and studio unit will all be delivered vacant at closing providing a perfect opportunity for an investor or owner-user. The location is conveniently located near Downtown Oakland, Lake Merritt, BART, Fruitvale Public Market, and has easy access to HWY880. There are countless restaurants and shopping options nearby making this a desirable location for tenants.
****EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE AND PRIVATE SHOWING.