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Listed by Grant Chappell • NAI Northern California
Bought with Grant Chappell • OBOJMTB
Bought with Grant Chappell • OBOJMTB
$ 6,450,000
$ 7,000,000 7.9%
Est. payment | /mo
19,587 SqFt
$ 6,450,000
$ 7,000,000 7.9%
Est. payment | /mo
19,587 SqFt
Key Details
Sold Price $6,450,000
Property Type Multi-Family
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 19,587 sqft
Price per Sqft $329
MLS Listing ID MR41083109
Sold Date 06/26/25
Year Built 1959
Lot Size 10,650 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
We are excited to present 1560 Jackson St, a turnkey 33-unit multi-family asset with substantial rental upside. Renovated to modern standards, the majority of units feature granite countertops, stainless steel appliances, and new fixtures. With notable conveniences including 25 off-street parking spaces, laundry, remote entry and separate gas and electric metering, this property presents an attractive prospect for multifamily investors. The building's proximity to Lake Merritt, Downtown Oakland, and two BART stations enhances its desirability, making it an ideal asset for those seeking multifamily opportunities in the thriving East Bay area. Located in a historic, sought after neighborhood, The Westlake enjoys a coveted position near Oakland's Central Business District. Situated just two blocks from the picturesque Lake Merritt, residents can easily access walking trails and attractions around the lake. Downtown Oakland, with its array of dining, shopping, and entertainment options, is also within close reach. Additionally, convenient access to two BART stations provides seamless connections for commuters and young professionals.
Location
State CA
County Alameda
Area Oakland Zip Code 94612
Interior
Heating Gas
Cooling None
Flooring Laminate
Exterior
Garage Spaces 25.0
Building
Sewer Sewer - Public
Water Public
Others
Tax ID 8-629-17-9
Special Listing Condition Not Applicable
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Ben Dodge
REALTOR® | Lic# DRE 01959374