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407 Vernon St Oakland, CA 94610
$4,499,000
12,186 sq ft

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Ryan Dunn

Ryan Dunn

At Coast, the Results Are Clear

Property Description

Pride of ownership 15 unit apartment building The Tropicana located in Adams Point neighborhood of Oakland. The property has been owned and self managed for the last 36 years by the same owner. Built in 1957 and on a 8,000 sf lot, the building consists of twelve (12) one bedroom units and three (3) two bedroom units. Amenities include 5 garages, 9 carport parking, coin operated laundry facilities, elevator & storage lockers. Recent updates include 2021 new hot water heater, 2020 new metal handrails, 2018 roof coating, 20 year thickness, 2015 back walkways & stairs and 2002 seismic retrofit. The property is separately metered for gas and electricity. The owner pays water & garbage. 4 units currently vacant. Convenient location near 580, BART, Whole Foods & Lake Merritt shops & restaurants.

Property Details & Features

Property Type

  • 5 Or More Units

Year Built

  • 1957

Appliances and Equipment

  • Appliances: “Dryer”, “Washer”, “Gas Water Heater”

House

  • Construction Materials: “Stucco”
  • Living Area: 12186
  • Year Built: 1957

Cooling

  • Cooling: “None”

Floors

  • Flooring: “Laminate”, “Linoleum”, “Tile”, “Carpet”, “Other”

Garage

  • Garage Included

Heating

  • Heating: “Wall Furnace”
  • Heating Included

Lot

  • Lot Features: “Regular”
  • Lot Size Area: 8000
  • Lot Size Square Feet: 8000
  • Parcel Number: 1079110

Parking

  • Parking Features: “Carports – 2 Or More”, “Garage”, “Parking Lot”, “Assigned”, “Garage Faces Front”, “Private”

Property

  • Property Sub Type: 5 or More Units

Roof

  • Roof: “Other”, “Flat”

Listing

  • Sale/rent: For Sale
  • $369 per square foot

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