| INCOME PROPERTY FOR SALE: 18 UNITS |
 |
click to see larger image |
|
| STATUS: |
Sold - April, 2005 |
| ADDRESS: |
217 Santa Clara Avenue, Oakland, CA 94611
Cross Street: Vernon Street
Map Code: 649J2 |
| DESCRIPTION: |
Modern building in Upper Adams Point. Mostly two-bedroom units with parking. |
| MOTIVATION: |
Family-owned portfolio sale consisting of eight properties totaling 144 units. Family built this property in the '70s. Seller traded into leased investments in and out of California. One buyer group bought all eight buildings. |
| PRICE: |
$15,200,000 total price for eight buildings.
|