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Listed by Timothy Warren, DRE #02008347 • NAI Northern California
$ 4,195,000
Est. payment | /mo
15,464 SqFt
$ 4,195,000
Est. payment | /mo
15,464 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 15,464 sqft
Price per Sqft $271
MLS Listing ID EB41143856
Year Built 1918
Lot Size 8,250 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
Pleased to present 4609 Bond Street, a twenty-eight (28)-unit multifamily property located in Oakland's Fruitvale neighborhood. The approximately 15,464 square foot building features an attractive unit mix of sixteen (16) studio units and twelve (12) one-bedroom/one-bathroom units, providing broad tenant appeal and stable in-place income. A true turnkey investment, the property has undergone extensive capital improvements, including fully renovated interiors, upgraded electrical subpanels, plumbing and roof improvements, seismic upgrades, a new water heater, and a solar water heating system that enhances operating efficiency. The asset offers immediate cash flow with additional upside through below-market rents and continued rental growth. With its desirable unit mix, extensive upgrades, and long-term upside, 4609 Bond Street presents a compelling investment opportunity in one of Oakland's most established rental markets. The property is situated in Oakland's Fruitvale neighborhood, just north of International Boulevard and minutes from Fruitvale BART, providing residents with convenient access to Downtown Oakland, San Francisco, and the greater Bay Area. The property benefits from immediate proximity to Foothill Boulevard, Interstate 580, and Interstate 880, allowing for excell
Location
State CA
County Alameda
Area Oakland Zip Code 94601
Interior
Heating Wall Furnace
Cooling None
Flooring Vinyl, Carpet - Wall to Wall
Laundry Washer, Dryer
Exterior
Exterior Feature Brick
Parking Features No Parking
Roof Type Composition
Building
Water Heater - Gas
Others
Tax ID 35-2359-1
Special Listing Condition New, Not Applicable
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