500 Zorah Street

500 Zorah Street

500 Zorah Street
Oakland, CA
Oakland
Multi-Family
8 Studios
$3,165,000

500 Zorah is a charming corner building in the desirable Cleveland Heights neighborhood of Oakland. The property features a great mix of 4 - one bedrooms, 8 spaceous studios, and a three bedroom one bath unit. The original details of the 1930’s construction have been well preserved. All units offer natural lighting, high ceilings, hardwood floors and tiled bathrooms and kitchens. The building generates additional income through 8 garages and an on-site laundry room. Investors will enjoy high returns from day 1, a price per unit below market comps, over 50% in achievable rental upside, and the benefit of owning a large building on a quiet street near Lake Merritt.