PUEBLO ALEGRE APARTMENTS
26-Unit REO Condominium Community
SOLD by Nick Myerhoff in 2010
1800-1812 57th Avenue, Oakland, CAThis urban oasis consists of 26 condominiums currently being rented as apartments. The seller, which acquired the property through foreclosure in December 2008, owns 25 of 26 condominiums and intends to convey all 26 at close of escrow.
Pueblo Alegre is a gated community consisting of two 4-plexes built in 1986 containing three bedroom/two bath units, and 18 studio and one-bedroom Spanish-style cottages built in 1929, with parking for all units in the rear.
Most of the units have upgraded kitchens that include granite counters, new cabinets, new appliances and tile ﬂooring, new bathrooms, new ﬂooring, new windows, new heaters, crown molding on walls, upgraded electrical service and much more. Two studios and two one-bedroom units are vacant and in various stages of readiness, and will be delivered “as is.”