2501 7Th AveOakland, CA 94606

This exceptional mixed-use apartment building, known as Bel-Aire, is located at 2501 7th Avenue in Oakland, California's desirable Ivy Hill neighborhood. The property boasts a prime location near Lake Merritt's east shore, providing easy access to downtown Oakland/Uptown's vibrant culinary scene, shopping, and cultural attractions such as the Oakland Museum of California, Fox Theater, and Paramount Theatre. The building comprises fourteen residential units: one studio, twelve one-bedroom/one-bathroom apartments, and one two-bedroom/one-bathroom penthouse. Residents enjoy convenient amenities including an on-site laundry facility, ample tenant storage, and a secure parking garage with eight spaces. The property is zoned RU-2, S-13 and its APN is 22-338-3. This presents a compelling investment opportunity for owner-users or investors seeking a well-maintained property with significant rental upside potential, estimated to be over 34%. The asking price for this exceptional property is $3,250,000. The building's address is verified as 2501 7th Ave, Oakland, CA 94606.