216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
SEE ALL PHOTOS
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
216 Orange Street
Sold

216 Orange Street

216 Orange Street, Oakland, CA 94610

$1,600,000
In the very popular Grand Lake/Piedmont Ave area, this mid-century, SEVEN UNIT building has an enviable WALK score of 88. There are four 2BD units, three 1BD ones, and all have fresh air entry as opposed to sharing an interior common hall with others. The building, within a small radius, is surrounded by some 60 restaurants, cafes and pubs, two movie theaters and six grocery stores, among them Whole Foods and Trader Joe's. Attractively priced at a CAP RATE 6.2 and a GRM of 9.6, the building is being offered at $253,573 per unit, comes with six parking spaces, and is on a quiet, two block long street. The Oakland mandated soft story work has been completed. Residents enjoy, besides the 60+ nearby retail, the popular Saturday Farmer's Market and the amenities of Lake Merritt. There are banked rents from the soft story work. ASSUMABLE loan of $559,000 at 4.6%.

11
beds

7
baths

5,673 Sq.Ft. LIVING AREA

6,100 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms11
  • Total bathrooms7
  • full bathrooms7
  • Laundry room Common Area, Coin Operated
  • Flooring Wood, Carpet
  • APPLIANCES Free-Standing Electric Range, Varies By Unit, Washer/Dryer Leased

Area & Lot

  • Status Sold
  • Living Area5,673 Sq.Ft.
  • Lot Area6,100 Sq.Ft.
  • MLS® ID423922931
  • TypeMulti-Family
  • YEAR BUILT1950
  • Architecture StylesMid-Century

Exterior

  • STORIES3
  • Garage Space6.0
  • water SourceWater District, Public
  • utilitiesCommon Area Meter, Sewer Connected, City, Natural Gas Connected
  • roofComposition
  • lot featuresCurb(s), Landscape Front, Sidewalk
  • parkingCovered, Off Street, Side By Side
  • HEAT TYPERadiant
  • AIR CONDITIONINGNone
  • sewerPublic Sewer
  • SubstructureConcrete Perimeter
  • Disability FeaturesNone

Financial

  • Sales Price$1,600,000

Work With Austin

Austin's attention to detail and mastery of finance and complex contracts enable him to focus on what matters most to his clients.

Follow Me on Instagram