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Listed by Christopher Paratore, DRE #01955016 • BHHS Drysdale Alameda
$ 849,000
Est. payment | /mo
3,420 SqFt
$ 849,000
Est. payment | /mo
3,420 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,420 sqft
Price per Sqft $248
MLS Listing ID EB41137937
Year Built 1912
Lot Size 2,520 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
Rare opportunity to acquire a fully occupied 5-unit apartment building in the heart of North Oakland. Located near the Temescal District, MacArthur BART, Berkeley, and Emeryville, this well-maintained property offers strong in-place income and long-term investment potential. The property features remodeled units, a newer roof, fresh exterior paint, and tenant-paid PG&E, helping reduce operating expenses. Electric water heaters further improve efficiency. The unit mix consists of four 1-bedroom/1-bath units and one spacious 2-bedroom/1-bath unit, totaling approximately 3,420 square feet. Conveniently located near major transportation corridors, shopping, dining, and employment centers, this property is ideal for investors, owner-operators, and 1031 exchange buyers seeking stable cash flow in one of Oakland's strongest rental markets. Property to be sold in its present AS-IS condition. Buyer to independently verify all property information, including square footage, unit count, income, expenses, permits, and zoning.
Location
State CA
County Alameda
Area Oakland Zip Code 94609
Interior
Heating Electric
Cooling None
Flooring Laminate, Hardwood
Exterior
Exterior Feature Stucco
Garage Spaces 2.0
Building
Water Heater - Electric
Others
Special Listing Condition Not Applicable

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