Pinza Sells Five Units Near Lake Merritt for $1.585MM

East Bay Multifamily Sales Brokerage

Oakland, CA – The Pinza Group, the leading East Bay Multifamily Sales Brokerage, has announced the sale of another well located multifamily asset in the East Bay, this time at 2719 Harrison Street in Oakland. Steven Pinza, Esq. (2018’s leading multifamily real estate broker according to CoStar) represented the Buyer and Seller in the transaction, which Pinza sold off market. The property sold for $1,585,000 to an experienced multifamily investor.

2719 Harrison presents a unique opportunity to own a turn key four unit building in the heart of the Lake Merritt area of Oakland. The building has been seismically retrofitted, new electrical amperage throughout, new remodeled units with appliances, granite, counters, and floors, and dual pane windows throughout the building. The property is comprised of three 1bd/1bth units and two 2bd/1bth units. Each unit has a large, spacious layout, and a good amount of rental upside. There is a private one car garage and two other parking spots.

The interiors contain finished hardwood floors, large Bay windows, windows with decorative glazing, and updated bathrooms and kitchens. The interior common areas are clean and well maintained.The property has an excellent occupancy history, and the apartments are better than most, in terms of size, quality and current rent levels.

Residents enjoy close proximity to major employer Kaiser Permanente and an easy 2-mile commute to Downtown Oakland and a 4-mile commute north to the UC Berkeley campus. Located in a residential neighborhood with City Views, the property benefits from unobstructed sunlight, secured entry and convenient access to Lakeshore Avenue, Whole Foods, BART, and Lake Merritt.

About The Pinza Group, Inc.
The Pinza Group, Inc was recently named as the 2014, 2015, 2016, and 2017 Top Real Estate Sales Brokerage by CoStar, and is the only privately held investment real estate brokerage to receive the prestigious award in 2014, 2015, 2016, and 2017. The Pinza Group is a full service investment real estate sales firm located in Walnut Creek, California.

Founded in 2013, The Pinza Group is a leader in investment real estate sales with over 125 apartment sales in the last 24 months. The Pinza Group is an investment real estate brokerage built on a strong foundation of integrity, dedication, and experience which allows us to provide significant value to existing and future clients. Since The Pinza Group focuses exclusively on investment real estate, all of our efforts and resources are spent researching, brokering, and underwriting commercial properties in the East Bay. The Pinza Group has devoted significant resources to build an effective list of owners, investors, and brokers in the area which has allowed us to create an innovative marketing platform allowing us to deliver incredible value to both owners and investors. For more information on off market investments, an estimate of value, or for free real estate advice please visit: www.pinzagroup.com or Info@pinzagroup.com