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In-PersonVirtual Tour
$7,995,000
Est. payment /mo
10,018 Sqft Lot
Open House
Fri Oct 16, 1:30pm - 3:30pm
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82064244
HOA Y/N No
Year Built 1928
Annual Tax Amount $36,868
Lot Size 10,018 Sqft
Property Description
Offered with 2624 Foothill Blvd as a same-block pair at $14,990,000 (81 units), or with all four buildings of the 181-unit Fruitvale Portfolio at $33,486,000; not sold individually. Kensington Gardens, 1900 26th Avenue: 41 apartments plus a separate parcel with 45 garages. Three-story building built in 1928 and rehabilitated after a 2023 fire, with new electrical and plumbing: 24 studios, 13 one-bedrooms and 4 two-bedrooms in about 31,889 SF. Separately metered; video surveillance. Subject to a City of Oakland regulatory agreement through 3/2034 (at least 10 units at 80% AMI or below). Property taxes reflect a stated waiver of ad valorem taxes; buyer to verify. Pro forma market rents run about 16% above in-place rents. About 0.7 mi from Fruitvale BART and Fruitvale Village. East Block pair: 7.87% current / 8.32% 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 C-30
Interior
Fireplace No
Exterior
Utilities Available Other
Roof Type Other
Building
Water Other
Schools
School District Other
Others
Tax ID 0260738004
Special Listing Condition Standard
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Listed by Alina Siert KW Advisors #01893238
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