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Listed by Louis C Kwok Kidder Mathews
$ 6,980,000
Est. payment | /mo
38 Beds
23,442 SqFt
$ 6,980,000
Est. payment | /mo
38 Beds
23,442 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 23,442 sqft
Price per Sqft $297
MLS Listing ID 426139141
Bedrooms 38
HOA Y/N No
Lot Size 0.995 Acres
Acres 0.9948
Property Sub-Type Multi Family
New Construction No
Property Description
This exceptional property, situated steps from the Monarch Bay Golf Club, encompasses nearly one acre and features 17,710 square feet of rentable space. Originally constructed in 1965, Newport Apartments consists of 18 one-bedroom, one-bath units and 10 two-bedroom, two bath units. Residents benefit from ample amenities including 35 surface parking spaces, a community laundry room, and spacious patios and balconies. The property has been meticulously maintained over the past two decades. A new owner has the opportunity to enhance the building's exterior, common areas, and individual units with modern upgrades as they turnover. Newport Apartments' prime location near Interstate 880 provides effortless access to major employment centers throughout the Bay Area. The property is perfect for young professionals and families, being close to the Monarch Bay Golf Club, Tony Lema Golf Course, Marina Park, Kaiser Hospital, and the Marina Square Center, featuring prominent retail brands.
Location
State CA
County Alameda
Area San Leandro
Interior
Fireplace No
Laundry Coin Operated, Common Area
Exterior
View Golf Course, Marina
Building
Lot Description Garden
New Construction No
Others
Tax ID 079A0565027
Acceptable Financing Assumable
Listing Terms Assumable
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