8811 A St - Apartments FOR SALE


Oakland, CA 94621- Highland
$1,188,000 USD
408-316-5571
8811 A St, Oakland, CA for Sale
$1,188,000 USD
Apartments - FOR SALE
1/29
null | 7% Cap Rate

8811 A St
Oakland, CA 94621
Highland


OVERVIEW

8811 A Street is a fully remodeled and fully upgraded gated apartment 5-unit property, an exceptional turnkey investment in Oakland offering strong, stable cash flow with minimal long-term maintenance. All five units are 2-bedroom/1-bath and have been completely renovated with new flooring, updated recess lighting, new kitchen cabinets, fresh interior/exterior paint, and upgraded electrical breakers. Major capital improvements include a new roof, New and upgraded Electrical Breaker replacement for each unit, and additional system upgrades designed to reduce future expenses. This stabilized asset generates $11,101/month in gross income with near-market rents. Each unit is individually metered, and tenants pay for water, electricity, and gas, providing lower operating costs and predictable NOI. Located near I-880, Coliseum BART, Oakland Airport, and major employment centers, this turnkey gated apartment 5-plex offers a rare combination of high income, strong demand, and low maintenance. Ideal for both new and seasoned investors seeking a reliable Oakland multifamily opportunity.

FOR SALE DETAILS

PRICE

$1,188,000 USD

PRICE/SF

$306 USD /SF

# OF UNITS

5

PRICE/UNIT

$237,600

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

-

APN/PARCEL ID

042-4272-001-02

ASK ABOUT THIS PROPERTY

Ted ChenRedfinMore Info
408-316-5571

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Ted ChenRedfinMore Info
408-316-5571

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