REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Adam McClure • PORTIA+ROHM REALTY
$ 989,000
Est. payment | /mo
3,600 SqFt
$ 989,000
Est. payment | /mo
3,600 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $274
Subdivision West Oakland
MLS Listing ID 41100278
HOA Y/N No
Year Built 1918
Lot Size 5,362 Sqft
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
Eight units (3 AirBnB, 5 long term tenants) with 11.55%+ IN PLACE cap rate!! Consistently full. Levered ROI @ 35.68% with 25% down. New electrical meters and many renovated units. Solid value with architect study showing additional 4 ADU units possible for buyer. Projected $114k NOI for 2025. Absolutely the best deal in West Oakland for a quality asset with consistent returns.
Location
State CA
County Alameda
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplace No
Building
Lot Description Rectangular Lot
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
GET MORE INFORMATION
Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745