HIGHLIGHTS
- Efficient configuration of four (4) 2-bed/1-bath units and one (1) 3-bed/2-bath unit catering to diverse renter profiles.
- 100% occupancy with a strong in-place average rent.
- Delivers a 7.45% stabilized cap rate and a low 9.33 GRM, underscoring immediate yield potential.
- Below-market rents present clear upside through strategic rent optimization and enhancements.
- Located in a walkable East Oakland submarket with multiple AC Transit bus lines and BART access within ±1.4 miles.
- Convenient access to East Bay transit corridors and major job centers, including downtown Oakland and regional employment hubs.
FOR SALE DETAILS
PRICE
$885,000 USD
PRICE/SF
$93 USD /SF
# OF UNITS
5
PRICE/UNIT
$177,000
CAP RATE
7.45%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1966
PARKING SPACES
1
LAND DETAILS
LAND ACRES
0.17 AC
LAND SF
7,492 SF
ZONING
R40, Oakland
APN/PARCEL ID
046-5422-009-00
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925-430-6197
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925-430-6197
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