Page 39 - California Property Guide #848
P. 39
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California Property Guide
Lance Low
Trinity Development Group
415.595.2851
Management and Development
APARTMENTS888@AOL.COM
Owner / User Warehouse Investment &
Development Opportunity
with Owner Financing
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• 2 separate parcels:
Lot #1: 5,287 sq feet warehouse with additional office, living quarter on
second floor on 7,000 sq feet lot
Lot #2: 3,500 sq feet secured parking lot with additional drive
• Development opportunity with additional land & structure on lot #1
• Owner financing opportunity with qualified down & approval
• Central location within 24 miles to Oakland and 28 miles to San Francisco
• Current tenant newly signed a 5-year NNN lease for $5,500 per month
• Asking for $1,880,000
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Hottest Prime Oakland Uptown Location with Huge Development Upside
24+ Unit and Adjacent Development Corner Lot
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• 2 Blocks to BART, City Hall, Uptown, Fox Theater
• NEW 6 Story 80 Unit Maxwell Across the Street SOLD for
$45M after 1 year(A)
• NEW 27 Story luxury hotel/condo and retail 1 block away (B)
• NEWS FLASH Uber $123.5M + Building Re-SOLD for $190M
in 1 year (C)
• NEW 33 Story 345 condo apartments 2 blocks away (D)
• Current Gross Annual Income $516,000, Proforma $750,000+/year
• 100% Upside Rental Potential
• Asking for $9,888,000
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