548 105th Avenue,Oakland, CA 94603
Oakland, CA 94603
Description
Offering Memorandum available upon request. The proforma CAP Rate is 9.50%. Yellowstone Investments has been selected to exclusively market for sale 548 105th Ave, a 13-unit multifamily investment opportunity in Oakland, California. This property consists of four single-story buildings totaling 10,478 square feet and includes 11 conforming residential units and 2 non-conforming units. The unit mix comprises six 4-bed/2-bath, one 3-bed/2-bath, three 2-bed/1-bath, and three 1-bed/1-bath units. With approximately 26 on-site parking spaces, the property offers convenience for residents, an added value in this high-demand rental market. Additionally, the roof has been replaced within the past 10 years, reducing near-term maintenance costs. Currently generating attractive income, the property offers significant upside potential in rental revenue. There is also a possibility to add a 1-bed/1-bath unit for increased income. Situated on a large lot, the property presents future development opportunities. Oakland's robust economy, excellent transportation infrastructure including BART, major highways, and Oakland International Airport (OAK), and its appeal as an affordable alternative to San Francisco make it an ideal location for multifamily investment.
Details
| MLS # | ML81996376 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1958 |
| Days On Site | 108 |
| Listing Provided By | Yellowstone Investments | Adam Dahdouh |
Features
| SQ Feet | 10,478 |
|---|---|
| Building(s) | 4 |
| Zoning | R-70 |
| Acreage | 0.85 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Composition |
|---|
Taxes
| Property | 42762 |
|---|
Market Activity 94603
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94603 |
| Area | 699 Not Defined |
| School District | Other |
| Listing VS Median (in 94603) | |
Price: $3,199,000 low | high Med: $489,500 SqFt: 10,478 low | high Med: 1,020 $ / SqFt: $305 low | high Med: $480 On site: 108 low | high Med: 112.000000 | |