1900 26th Avenue, Oakland, CA 94601
- $7,995,000
- List Price
- $7,995,000
- Status
- ACTIVE
- MLS#
- ML82064244
- Year Built
- 1928
- Lot Size
- 10,019
- Acres
- 0.23
- Days on Market
- 1
- Property Type
- Commercial
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 / 8.25% pro forma cap. All four: 7.69% / 7.80%. Motivated ownership: all offers reviewed; Q4 2026 close preferred. Existing financing in place; contact the listing agent for details.
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Additional Information
- Taxes
- $36,868
- Cooling
- Yes
- Roof
- Other
- Water
- Other
- School District
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $868,416
- School District
- Other
Listing courtesy of Listing Agent: Alina Siert (alina@siertgroup.com) from Listing Office: KW Advisors.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.