Oakland, CA 94612 1546 Alice Street

$478,000 PRICE IMPROVEMENT!!!! Motivated Seller! Beautiful and classic 12 unit property located in the Gold Coast - Downtown Lakeside region of Oakland. Unit mix consists of (12) exceptionally large 2-bedroom 1-bath units, with high ceilings, and old world charm. Must see to appreciate. Current gross potential rents of $242,968. Many units have been upgraded. Historically high occupancy levels with significant upside. Absolute prime location with a "Walk Score” of 99, the subject property is blocks from Lake Merritt BART, Downtown-City Center, Jack London Square, Lake Merritt; and minutes from restaurants and shopping located on Grand & Lakeshore Avenues. Some units were originally 1 BR's converted to 2 BR's due to large square footage and unit layouts. Buyer must verify unit and bedroom count.