| CREOP

The subject property located at 1546 Alice Street offers the opportunity for an investor to purchase a classic and beautiful building, with historically high occupancy levels, and significant upside in current rental income, in one of Oakland's most desirable neighborhoods.
The subject property is a charming three-story building that was built in 1908. The current unit mix consists of (12) two-bedroom/one-bath units. This property also features spacious units with marble entryways, hardwood floors, living room/parlor areas, track lighting and walk-in closets in some units.
Located in the (Gold Coast) Downtown Lakeside region of Oakland, 1546 Alice Street is walking distance from Downtown Oakland, Lake Merritt BART, Lake Merritt's running and bike trails, Snow Park and a short bike ride away from the trendy shopping nooks located on Grand and Lakeshore Avenues. The location of this building, the quiet neighborhood, and the charming surroundings makes this building extremely attractive to renters.
With a “Walk Score” of 99 (a "Walker's Paradise", per WalkScore.com), daily errands do not require a car, and a "Bike Score" of 90 (a "Biker's Paradise", per WalkScore.com), daily errands can be easily accomplished on the plethora of flat and accessible bike lanes. A "Transit Score" of 87 ("Excellent Transit", per WalkScore.com), means transit is convenient for most trips.