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This c. 1900 building has spent over a century on East 10th Street watching the neighborhood change around it, and right now it sits directly across from 16,000 Laney College students and nine minutes on foot from Lake Merritt BART. Four 1BD/1BA units, all individually gas-metered, with in-place income of $53,904 against an estimated market of $86,400 "” a 60% gap built from three long-tenured month-to-month tenants whose rents have simply never caught up, and a fourth unit sitting vacant and available today. New roof in April 2024, refreshed interiors in several units, and owner-paid utility costs that ran $135 last year. At $498,000 "” $182 per square foot, $124,500 per door "” the work is priced in and the upside is waiting.
Property Type(s):
Residential Income
| Last Updated | 6/17/2026 | Tract | LAKE MERRITT |
|---|---|---|---|
| Year Built | 1900 | County | Alameda |
Additional Details
| APPLIANCES | Gas Water Heater |
|---|---|
| CONSTRUCTION | Wood Siding |
| GARAGE | Yes |
| HEAT | None |
| LOT | 2805 sq ft |
| LOT DESCRIPTION | Corner Lot, Front Yard |
| LOT DIMENSIONS | 2807 |
| PARKING | Garage |
| SUBDIVISION | LAKE MERRITT |
Location
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Listed with Keller Williams Realty
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