1430-1436 45th Ave - Apartments FOR SALE


Oakland, CA 94601- Middle East Oakland
$1,295,000 USD
707-363-2463
1430-1436 45th Ave, Oakland, CA for Sale
$1,295,000 USD
Apartments - FOR SALE
1/26
null | 6.41% Cap Rate

1430-1436 45th Ave
Oakland, CA 94601
Middle East Oakland


HIGHLIGHTS

  • Two separately parceled adjacent buildings (6 units + 4 units), providing scale with added flexibility for future financing or disposition strategies.
  • Desirable Unit Mix featuring two 2BD/1BA units, seven 1BD/1BA units, and one studio unit, well-positioned to capture strong local rental demand.
  • Eight Off-Street Parking Spaces offering added tenant convenience and increased rental appeal in a high-density neighborhood.
  • Prime Fruitvale Location with a Walk Score of 93, surrounded by shops, restaurants, services, and neighborhood amenities.
  • Located just 0.8 miles from Fruitvale BART, with easy access to Interstate 880, providing seamless connectivity to the Bay Area.
  • Strong In-Place Income with Long-Term Upside in one of Oakland’s most transit-connected and amenity-rich neighborhoods.

OVERVIEW

The Mitchell Warren Team is pleased to present 1432–1436 45th Avenue, a 10-unit multifamily offering consisting of two separately parceled, adjacent buildings in Oakland’s Fruitvale district. The property includes a 6-unit building and a 4-unit building, presenting a rare opportunity to acquire scale with flexibility for future disposition or financing strategies. The unit mix consists of two 2-bedroom/1-bath units, seven 1-bedroom/1-bath units, and one studio unit, catering to strong local rental demand. The property also features eight off-street parking spaces, providing added convenience for tenants. This is a compelling opportunity to acquire a well-located asset with solid in- place income and long-term upside in one of Oakland’s most transit-connected neighborhoods. 1432-1436 45th Avenue is located in Oakland’s vibrant Fruitvale district, with an impressive Walk Score of 93 and offering residents exceptional access to neighborhood amenities. The property is just 0.8 miles from the Fruitvale BART Station and provides convenient access to Interstate 880, allowing for easy connectivity to Downtown Oakland, San Francisco, and the greater Bay Area. Residents enjoy close proximity to the shops, restaurants, and services of Fruitvale Village along International Boulevard, along with nearby parks and everyday conveniences, making this a highly accessible and well- positioned East Oakland investment location.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$190 USD /SF

# OF UNITS

10

PRICE/UNIT

$129,500

CAP RATE

6.41%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Adjacent 6-Unit & 4-Unit (2 Parcels)

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,450 SF

ZONING

R70, Oakland

APN/PARCEL ID

035-2358-036-02,035-2358-037-00

ASK ABOUT THIS PROPERTY

Timothy WarrenNAI Northern CaliforniaMore Info
707-363-2463

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Timothy WarrenNAI Northern CaliforniaMore Info
707-363-2463

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.