Subject property is a 4-unit residential building at 150 Moss Way, Oakland, CA, 94611. The property consists of a 2-bedroom/2-bathroom penthouse, two 1-bedroom/1-bathroom units, and a studio unit. Property also has two covered parking spaces, one surface parking space, and laundry facilities onsite, providing for additional income. Located in a prime North Oakland location near Piedmont, the property has maintained a very strong operating history with very low historical vacancy. With recent capital expenditures exceeding $150,000 and a roof replaced in 2003, this is a very exciting opportunity for a value-add asset in a prestigious Oakland neighborhood.
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