$4,880,000

1425 Harrison St is an exceptional 61-unit apartment community located in the thriving city of Oakland, California. Situated on a 14,430 square foot parcel of land, the subject property was originally constructed in 1917 and has a gross building area of approximately 47,875 square feet, offering its tenants beautifully designed four-bedroom, three-bedroom, two-bedroom, one-bedroom, and studio floor plans. The subject property also features convenient tenant amenities such as on-site laundry and a community pool. 1425 Harrison St has undergone significant capital improvements including installation of a new roof membrane, improvements to safety features such as fire sprinklers, and unit renovations. Total capital expenditures under the current owner exceed $500K. The subject property is located in Oakland's distinguished Downtown district, a thriving area positioned just west of Lake Merritt. Downtown Oakland stands out as one of the most unique neighborhoods in the city, seamlessly blending the dynamic energy of urban living with the serene ambiance of Lake Merritt.