487 43rd St - Apartments FOR SALE


Oakland, CA 94609- Temescal
$1,100,000 USD
510-592-4244
487 43rd St, Oakland, CA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/20
null | 5.7% Cap Rate

487 43rd St
Oakland, CA 94609
Temescal


HIGHLIGHTS

  • Victorian-style fiveplex located in one of Oakland’s most desirable neighborhoods.
  • Prime Temescal Location – 95 Walk Score, 98 Bike Score.
  • Enjoy secured entry with interior lobby, on-site laundry, and a 2-car garage that’s already being rented for additional income.

OVERVIEW

Just listed in the heart of Temescal! 487 43rd St is a charming Victorian-style fiveplex located in one of Oakland’s most desirable neighborhoods. The property features (3) studios, (1) 1BD, and (1) large 2BD+office unit with a private yard. Three units will be delivered vacant, including the expansive 1,150 sq ft 2BD—ideal for owner-occupancy. Enjoy secured entry with interior lobby, on-site laundry, and a 2-car garage that’s already being rented for additional income. With a 95 Walk Score and 98 Bike Score, residents are blocks from Temescal’s food scene, shops, BART, and UCSF Benioff Children’s Hospital (0.7 mi). With seller financing available, this is a rare opportunity own a centrally located, income-producing asset with major upside and long-term appeal. TRANSPARENT PRICE. Units 1,3 and 4 are vacant and can be shown via Calendly. Units 2 and 5 are tenant-occupied and can be shown via private tour. Contact Joey at joeywang@kwcommercial.com to schedule a tour or with questions. For the offering memorandum and inspection reports, go to https://forms.gle/KkKudmgnZkEXC5kY7 Offers are due on Tuesday, September 30th at noon.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$130 USD /SF

# OF UNITS

5

PRICE/UNIT

$220,000

CAP RATE

5.7%

% LEASED

40%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,900 SF

ZONING

R-35, Oakland

APN/PARCEL ID

013-1097-030-00

ASK ABOUT THIS PROPERTY

Joey WangKW CommercialMore Info
510-592-4244

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Joey WangKW CommercialMore Info
510-592-4244

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