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Listed by Christopher Paratore • BHHS Drysdale Alameda
$849,000
Est. payment /mo
3,213 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,213 sqft
Price per Sqft $264
Subdivision Pill Hill
MLS Listing ID 41137937
HOA Y/N No
Year Built 1912
Lot Size 2,520 Sqft
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
This is a rare opportunity to acquire a fully occupied 5-unit multifamily property in one of Oakland's most established and desirable rental markets. Located in North Oakland near the Temescal District, MacArthur BART, Berkeley, and Emeryville, the property benefits from strong tenant demand, excellent commuter accessibility, and long-term appreciation potential. The property has undergone significant capital improvements, including remodeled units, a newer roof, and fresh exterior paint, creating a low-maintenance investment opportunity with stable in-place income. Tenants pay their own PG&E utilities, helping reduce ownership expenses and improve operational efficiency. Electric water heaters.
Location
State CA
County Alameda
Interior
Heating Electric, MultiUnits
Cooling None
Flooring Hardwood, Laminate
Fireplace No
Building
Lot Description Curb(s), Garden, Security Gate
Water Water District
Others
Special Listing Condition Standard
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