Pill Hill Medical Bldg 419 30th St

Lee & Associates and Selborne Properties is pleased to present this rare, Pill Hill medical building. This is your chance to own
a quality building in one of Oakland’s most sought after neighborhoods. This is perfect for an owner user or an investor who
would like to renew the tenants and collect income. The federalist style building was built in 1937 and has been meticulously
maintained. It is separated into 4 units. There is an entrance in the front of the building with an internal staircase. In the rear
is an entrance, accessible from the parking lot with a covered outdoor staircase. The parking lot is private, secured with
an electronic gate. Security cameras were installed in 2023. The building has an intercom system and all building keys were
recently redone. Landscaping is low maintenance with mature hedges and shrubs.
This building has 4 separate medical tenants with private entrances in an internal corridor. The leases all end between
January 31, 2025 and March 31, 2025 to give a new owner flexibility to renew the tenants at current market rents or use all
or part of the building for their own use. The building is fully conditioned and sits directly across the street from the Summit
Medical Center, which is currently expanding in a collaborative joint venture with Stanford Health Care for a state of-the-art
cancer facility. The current monthly rent with the existing tenants is $11,064. Please contact agents for a rent roll and 2023
full year expenses.