180 Montecito Ave. (180 Montecito) is a unique 1950’s apartment building with large spacious apartments. The property boasts large studios and 1 bedroom units, hardwood floors, steam heat, abundant parking (19 spaces for 21 units), and abundant storage (22 spaces for 21 units). Most of the units are large enough to add an additional bedroom which could allow buyers to convert studios into 1 bedroom/1bath units and convert 1bd/1ba units into 2bedroom/1 bath units. An experienced buyer can realize the upside in this investment by updating the kitchens/bathrooms and/or converting the units by adding bedrooms. Located in Adams Point, one of the most coveted rental neighborhoods in Oakland, the property offers quick access to the 580 Freeway, Public Transportation on Grand Avenue. 180 Montecito is near Whole Foods, Grand Lake Theatre, and it is within walking distance to Uptown Oakland’s fine dining, cafes, and the 1900 Broadway St Oakland BART Station.
Property Type(s): Multi Family
|Last Updated||12/10/2018||Year Built||1951|
|Community||Oakland Zip Code 94610||Garage Spaces||19.0|
|AREA||Oakland Zip Code 94610|
|INTERIOR||Oven Range Free Standing, Refrigerator|
|LOT||10454 sq ft|
|SEWER||Sewer System - Public|
|UTILITIES||Water - Public; Sewer System - Public;|
|WATER||Water - Public|
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Listing provided by TSEGAB ASSEFA with LAPHAM COMPANY, INC.
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