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3031 - 3035 Pleitner - Availability Details

3031 - 3035 Pleitner, Oakland, CA 94602

  • For Sale $3,500,000
  • Property Type Multi-Family
  • Property Size 10,850 Sqft
  • Lot Size 0.41 Acre
  • Year Built 1962
  • Date Updated Sep 14, 2021
The East Oakland submarket has consistently registered some of the lowest vacancy rates in the metro. Current opportunities in the submarket, primarily around Brooklyn Basin and the Fruitvale BART station, have allowed for new product to begin to come to market. The Brooklyn Basin development, with its public waterfront areas, marinas, and thousands of residential units, will significantly change the dynamics of the submarket once it's fully complete. Despite limited development in recent years, investment volume has been healthy in the submarket. The East Oakland submarket is not universally lower-income. The areas around Lake Merritt and Jack London Square are remarkably desirable and are home to wealthier renters who support solid investment opportunities. The submarket could see significant investment increases in the future once the Brookly Basin project completes.
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Location

  • City Oakland, CA
  • Neighborhood Bartlett
  • Zip Code 94602
  • Market Bay Area

Contacts

broker

James Kilpatrick

NAI NorCal

(510) 290-9647

Highlights

  • 16 Units
  • Two Standalone Buildings
  • Ample On-Site Parking
  • Gated Complex
  • Fully rented
  • Six newly remodeled units
  • Value-add opportunity with unit upgrades
  • Rental upside

Frequently Asked Questions

What year was 3031 - 3035 Pleitner built and finished?

3031 - 3035 Pleitner was completed in 1962.

Contact Listing Broker

broker

James Kilpatrick

NAI NorCal

(510) 290-9647

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