175 Santa Rosa Avenue is a 33 unit apartment community located on a quiet tree lined street in Oakland's Grand Lake Neighborhood. The property consists of a mix of one and two bedroom units with a large 2,000+ square foot penthouse occupying the fourth floor. Amenities include 34 garage parking spaces, three on site laundry rooms, and covered balconies. Capital Improvements include a new roof, fresh exterior paint, new hot water heaters, and an updated intercom system. The property offers excellent in place cash flow with over $220,000 of annual rental upside allowing a new owner to maximize their return over time. The building is seismically exempt making this a true turn key asset. This highly sought after location will continue attracting premium tenants and maintain a low vacancy rate.