791 Kingston Ave

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Address: 791 Kingston Ave, Piedmont, CA 94611, USA

California & West + Apartment Buildings

Created date: June 28, 2024

Date last updated: August 29, 2024

Well-maintained pride of ownership asset located on the Piedmont border
(5) 1 bed - 1 bath units, (8) 2 bed - 1 bath units, and (1) 2 bed - 2 bath Penthouse
Six units have been renovated including new kitchens and bathrooms
12 covered parking spaces and on-site credit card-operated laundry facility
Excellent occupancy history demonstrating strong demand for this location
Exceptional in-place cash flow with significant rental upside
Ultra premium location three blocks from Piedmont Avenue, Oakland's premier shopping district
Short walk to Kaiser Permanente, Oakland's largest employer
1 mile from Macarthur BART Station, offering complete Bay Area access

Property Description

The Mitchell Warren Team is proud to present 791 Kingston Avenue, a well-maintained 14-unit apartment community steps from the city of Piedmont. The property consists of five (5) 1 bedroom - 1 bathroom units, eight (8) 2 bedroom - 1 bathroom units, and one (1) 2 bedroom - 2 bathroom penthouse totaling 12,252 square feet. The apartments are spacious and bright with great floor plans and views. The property offers 12 covered parking spaces and an on-site credit card-operated laundry facility. This cash-flowing property offers significant rental upside and is ideally positioned to deliver strong returns through additional unit remodels and upgrades. This highly sought-after location will continue to attract premium tenants and maintain a very low vacancy rate.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$3,850,000
No. of Units:	14
Year Built:	1963
Lot Size:	0.20 Sq ft
Opportunity Zone:	No
Price per unit:	$275,000
Property Website	Click Here