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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$975,000

Est. payment - /mo

5,292 Sqft Lot

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Alameda County

MLS Listing ID 41146011

HOA Y/N No

Year Built 1948

Lot Size 5,292 Sqft

Property Description

Unique Investment Opportunity: Commercial Property with Retail and Residential Mixed-Use Discover a rare chance to own a versatile commercial property featuring two retail storefronts combined with residential mixed-use. This property includes four studio apartments occupied by exceptionally long-term tenants, providing stable rental income, alongside a convenience store serving the community. Additionally, there is a large vacant retail space, formerly occupied by a nail salon, offering tremendous potential for an owner-occupied retail or service business. With endless possibilities for customization and growth, this property is ideal for investors or entrepreneurs seeking a multifaceted investment. The current seller has owned this property for 34 years and acknowledges room for improvement, including opportunities related to the Below Market Rate (BMR) units. Motivated to sell due to the recent loss of a spouse and plans to retire, the seller welcomes serious inquiries. Don't miss this exceptional opportunity to acquire a well-positioned, income-generating property with significant potential.

Location

State CA

County Alameda

Zoning mixed use

Interior

Heating See Remarks

Fireplace No

Others

Tax ID 393310322

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Listed by Ann M Lee HomeSmart PV & Associates #01475485

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

7108 International Blvd. Oakland, CA 94621-3200

Jessica Panzica

Key Details

Location

Interior

Others

Nearby School & Business

Get More Information