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Price Reduction! 1255 26th St

13 Unit Apartment Building $4,103,576 CAD ($315,660 CAD/Unit) 8.30% Cap Rate Oakland, CA 94607

Apartment Buildings California Oakland 1255 26th St, Oakland, CA 94607

Executive Summary

The "Noodle Factory" is a 13 unit Live/Work loft-style building located in the McClymonds neighborhood of West Oakland. The property consists of 11 Live/Work lofts and 2 commercial condos. Units have radiant floor heating, granite countertops and double paned windows. Some units have decks for outdoor space. Each unit has it's own APN allowing a new owner a possible future exit through condo sales.
The Noodle Factory is located in the McClymonds neighborhood of West Oakland. The building boasts a Walkscore of 89 and tenants are able to walk to McClymonds Mini-Park and Poplar Playground. Tenants also have quick access to both highways 80 and 580.

Property Facts

Price $4,103,576 CAD Apartment Style Low Rise
Price Per Unit $315,660 CAD Building Class C
Sale Type Investment Lot Size 0.19 AC
Cap Rate 8.30% Building Size 15,975 SF
Gross Rent Multiplier 7.6 No. Stories 2
No. Units 13 Year Built 2008
Property Type Multifamily Parking Ratio 0.88/1,000 SF
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $4,103,576 CAD
Price Per Unit $315,660 CAD
Sale Type Investment
Cap Rate 8.30%
Gross Rent Multiplier 7.6
No. Units 13
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low Rise
Building Class C
Lot Size 0.19 AC
Building Size 15,975 SF
No. Stories 2
Year Built 2008
Parking Ratio 0.88/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Deck

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 13 - -
1 of 1
Walk Score ®
Very Walkable (88)
Bike Score ®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 005-0439-027-00 Improvements Assessment $723,970 CAD
Land Assessment $310,125 CAD Total Assessment $1,034,095 CAD

PROPERTY TAXES

Parcel Number
005-0439-027-00
Land Assessment
$310,125 CAD
Improvements Assessment
$723,970 CAD
Total Assessment
$1,034,095 CAD

zoning

Zoning Code M40, Oakland
M40, Oakland
(415) 640-6411

  • Listing ID: 31680786

  • Date on Market: 2024-05-02

  • Last Updated:

  • Address: 1255 26th St, Oakland, CA 94607

The Oakland-West Multifamily Property at 1255 26th St, Oakland, CA 94607 is currently available. Contact The Lapham Company, Inc. for more information.

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Price Reduction! | 1255 26th St
(415) 640-6411 x

Price Reduction! | 1255 26th St

Matt Treadway

(415) 640-6411

(415) 640-6411

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