1900 26th Ave, Oakland, CA 94601

$7,995,000
24,789
SqFt

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List Price
$7,995,000
MLS#
82064244
Property Type
Multifamily
Sqft. of Residence
24,789
Lot Size
10,019
Region
Oakland Zip 94601
Status
ACTIVE
County
Alameda
Acres
0.23
Year Built
1928
Parking Spaces
43

Property Description

Offered with 2624 Foothill Blvd as a same-block pair at $14,990,000 (81 units), or with all four buildings of the 181-unit Fruitvale Portfolio at $33,486,000; not sold individually. Kensington Gardens, 1900 26th Avenue: 41 apartments plus a separate parcel with 45 garages. Three-story building built in 1928 and rehabilitated after a 2023 fire, with new electrical and plumbing: 24 studios, 13 one-bedrooms and 4 two-bedrooms in about 31,889 SF. Separately metered; video surveillance. Subject to a City of Oakland regulatory agreement through 3/2034 (at least 10 units at 80% AMI or below). Property taxes reflect a stated waiver of ad valorem taxes; buyer to verify. Pro forma market rents run about 16% above in-place rents. About 0.7 mi from Fruitvale BART and Fruitvale Village. East Block pair: 7.87% current / 8.32% pro forma cap. All four: 7.69% current / 7.61% pro forma cap. Motivated ownership: all offers reviewed; Q4 2026 close preferred.

Additional Information

Foundation
Other
Living Area
24,789
Lot Size
10,019
Region
Oakland Zip 94601
Roof
Other
Utilities
Other
Zoning
C-30

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Listing courtesy of KW Advisors.

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