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$3,400,000
Est. payment /mo
3 Beds
2 Baths
13,500 SqFt
UPDATED:
11/29/2024 11:28 AM
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 13,500 sqft
Price per Sqft $251
MLS Listing ID ML81978160
Bedrooms 3
Full Baths 2
Year Built 1920
Lot Size 5,000 Sqft
Property Description
509 Sycamore St is an exceptional 16-unit (13 + 3 Retail Suites) mixed-use asset located in the thriving city of Oakland, California. Situated on a 5,000 square foot parcel of land, the subject property was originally constructed in 1920 and has a gross building area of approximately 13,500 square feet, offering its tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans as well as spacious retail suites. 509 Sycamore St has undergone signicant capital improvements including major laundry room upgrades, fire safety system updates, and unit renovations. The city of Oakland is the eighth-largest city by population in California, and the county seat of Alameda County. It is the largest city within the East Bay and has a large concentration of tech, healthcare, and banking companies around the area including Kaiser Permanente, Sutter Health, Pandora, Wells Fargo as well as many others. Oakland offers convenient access to several transportation corridors including the San Francisco -Oakland Bay Bridge, Interstate 880 and several nearby BART stations to easily reach anywhere within the Bay Area. Oakland also serves as the trade center for the entire Bay Area with the Port of Oakland being the busiest port in all of Northern California.
Location
State CA
County Alameda
Area Oakland Zip Code 94612
Zoning CC-2,S-13
Interior
Heating Wall Furnace
Cooling Other
Exterior
Parking Features On Street
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Flat / Low Pitch
Building
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Public
Others
Restrictions None
Tax ID 8-676-1
Security Features Other
Special Listing Condition Not Applicable
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Listed by Adam S. Levin • Marcus & Millichap
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Matt Cossell
Top 1% Realtor | License ID: 01382971
Top 1% Realtor License ID: 01382971