Functional layoutCorner lot positioningSpacious three-bedroom units
848 International Boulevard presents a well-maintained 7-unit multifamily investment opportunity in a strong rental market. The property features a highly desirable unit mix consisting primarily of spacious three-bedroom units, catering to strong and consistent rental demand from families and shared households. Since acquiring the property in 2018, ownership has invested significantly in capital improvements, including approximately $110,000 to complete Oaklands mandatory soft-story seismic retrot in 2024substantially reducing future structural risk and bringing the property into compliance with current city requirements. Additionally, four units have undergone major renovations to enhance interior appeal and positioning the asset for continued rental upside. With a combination of in-place income stability and value-add potential through further unit upgrades, the property offers investors a balanced prole of durability and growth. Its corner lot positioning, functional layout, and ongoing improvements make it an attractive long-term hold in a supply-constrained rental market.
81 days
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110
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3
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Zillow last checked:
Listing updated:
Listed by:
Sam Runco01977683650-759-3414,
Marcus & Millichap650-391-1700,
Philip Batlin01873218415-625-2189
Source: MLSListings Inc,MLS#: ML82045376
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Heating
Wall Furnace
Cooling
None
Features
Doors: None
Interior area
Total structure area: 8,348
Total interior livable area: 8,348 sqft
Property
Parking
Parking features: Covered
Has carport: Yes
Accessibility
Accessibility features: None
Lot
Size: 5,000 Square Feet
Details
Parcel number: 0200137009
Zoning: CN-3
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Five Or More Units, Residential Income
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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.
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