Property photo 1
14 photos
ActiveMLS# ML820643946 days on market

$6,995,000

303 Lee Street

OAKLAND, CA 94610

0 BD|0 BA|18,720 SQFT|$373.66/sqft

About This Property

25 apartments at 303 Lee Street (Lake Side Apartments), an elevator building built in 1964 with about 18,720 SF: 18 one-bedrooms and 7 two-bedrooms, including a two-bedroom, two-bath penthouse. Poured-in-place concrete garage, coin-operated laundry on site, and about 80% of units renovated. Sewer lateral certified by EBMUD through 2029. Market rents run about 11% above in-place rents. In Adams Point on a tree-lined street about 0.3 mi from the Lake Merritt shoreline and Children's Fairyland, 0.2 mi from Whole Foods, near Grand Avenue and the Grand Lake Theatre, with 19th Street BART about 0.7 mi away and quick I-580 access. 5.64% current cap; 5.68% pro forma cap. Existing financing in place. Motivated ownership: all offers reviewed; Q4 2026 close preferred.

Property Details

Property TypeSingle Family
Year Built1964
Price / Sqft$373.66
Days on Market6
MLS NumberML82064394

Adam Modzeleski

Broker

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Est. Monthly Payment

$42,074

P&I: $35,371 | Tax: $4,955 | Insurance: $1,749

$6,995,000
%
%
Loan Amount$5,596,000
Down Payment$1,399,000

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

303 Lee Street, OAKLAND, CA 94610

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