Listed by Nicole Norris, (510) 499-3174 from Marquardt Property Management
(If provided) CoList: from
Rare opportunity to acquire a well-maintained, 11-unit Queen Anne Victorian showcasing distinctive historic character and established rental income. Originally built in 1892 and converted to apartments in 1944 for military housing, this three-story property offers a mix of studio and one-bedroom residences with long-term, stable tenants. Architectural features include a welcoming wraparound porch, high ceilings, a long tandem driveway, finished basement area, and expansive grassy front yard. The property has benefited from substantial capital improvements, including approximately $135,000 in recently completed permitted electrical upgrades, a permitted earthquake-resistant reinforced perimeter foundation with shear-wall protection, and a garage roof replacement in 2016. The property carries a City of Oakland historic designation and is reportedly exempt from the Soft Story Ordinance; buyers should independently verify. Current monthly rental income is $12,412.48. A distinctive Oakland multifamily asset offering historic charm, consistent ownership care, and long-term investment potential.
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