Exceptional pride of ownership shines throughout this well-maintained 5-unit apartment property, offering a rare combination of stable income, upside potential, and turnkey flexibility. The building features three occupied units providing consistent cash flow, along with two beautifully remodeled and fully furnished vacant units that are ready for immediate occupancy or continued operation as short-term rentals. The furnished units have demonstrated strong Airbnb income potential, creating an attractive opportunity for investors seeking to maximize returns through a blend of traditional and short-term rental strategies. Thoughtful renovations, modern finishes, and turnkey furnishings make these units especially appealing to traveling professionals, medical staff, and visitors seeking extended-stay accommodations. Additional income-producing amenities include shared coin-operated laundry, while four private garages and four additional off-street parking spaces provide a valuable convenience rarely found in Oakland multifamily properties. The property's excellent condition reflects years of careful ownership and stewardship, minimizing deferred maintenance concerns and allowing a new owner to focus on growth and income generation. Ideally situated near shopping, dining, public transportation, and Oakland's vibrant cultural amenities, this property benefits from strong tenant demand and long-term rental stability. Whether you're seeking a cash-flowing asset, a value-add opportunity, or a multifamily property with proven short-term rental performance, this exceptional investment offers the best of all worlds.
115 days
|
219
|
13
|
Zillow last checked:
Listing updated:
Listed by:
Gabriel J. GaliotheDRE #01941289510-387-6820,
Compass415-345-3000
Source: SFAR,MLS#: 426120520Originating MLS: San Francisco Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 5
Full bathrooms: 5
Heating
Wall Furnace
Cooling
None
Appliances
Included: ENERGY STAR Qualified Appliances, Free-Standing Electric Range, Free-Standing Refrigerator, Gas Water Heater
Laundry: Coin Operated, Common Area
Features
Formal Entry
Flooring: Wood
Windows: Double Pane Windows
Basement: Partial
Interior area
Total structure area: 4,022
Total interior livable area: 4,022 sqft
Property
Parking
Total spaces: 8
Parking features: Carport, Garage
Has garage: Yes
Carport spaces: 4
Accessibility
Accessibility features: Accessible Full Bath, Parking
Features
Levels: Multi/Split,Two
Patio & porch: Enclosed Patio
Lot
Size: 4,360 Square Feet
Features: Curb(s), Sidewalk
Topography: Hillside
Details
Parcel number: 023039503901
Special conditions: Offer As Is
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Stucco
Foundation: Concrete Perimeter, Pillar/Post/Pier, Other
Roof: Tar/Gravel
Utilities & green energy
Electric: Separate Meter
Gas: Separate Meter
Water: Meter Available
Utilities for property: Cable Connected, Electricity Available, Natural Gas Connected
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.