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$6,995,000
Est. payment /mo
0.26 Acres Lot
Open House
Fri Oct 16, 11:00am - 1:00pm
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82064243
HOA Y/N No
Year Built 1928
Annual Tax Amount $92,246
Lot Size 0.260 Acres
Property Description
Offered with 2555-2567 Foothill Blvd as a same-block pair at $18,496,000 (100 units), or with all four buildings of the 181-unit Fruitvale Portfolio at $33,486,000; not sold individually. Kensington Plaza, 1757 26th Avenue: 39 apartments in a three-story Marina-style building built in 1928: 9 studios, 16 one-bedrooms and 14 two-bedrooms in about 25,447 SF on a 10,951 SF lot. About 80% of the units have been renovated, with updated kitchens and baths, newer windows and flooring. Lifetime GAF roof warranty, separately metered gas and electric, on-site laundry. City of Oakland soft-story exemption approved in 2025. Pro forma market rents run about 6% above in-place rents. About 0.7 mi from Fruitvale BART and Fruitvale Village. West Block pair: 7.54% current / 7.03% pro forma cap. All four: 7.69% current / 7.61% pro forma cap. Motivated ownership: all offers reviewed; Q4 2026 close preferred.
Location
State CA
County Alameda
Zoning RU-1
Interior
Fireplace No
Exterior
Utilities Available Other
Roof Type Other
Building
Water Other
Schools
School District Other
Others
Tax ID 0250734001
Special Listing Condition Standard
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Listed by Alina Siert KW Advisors #01893238
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