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.
Details
MLS #
ML82045376
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1910
Days On Site
129
Listing Provided By
Marcus & Millichap | Sam Runco
Features
SQ Feet
8,348
Car Port
Yes
Units
7
Building(s)
1
Zoning
CN-3
Acreage
0.11
Interior
Cooling
None
Heating
Wall Furnace
Heating Yes / No
Yes
Cooling Yes / No
Yes
Exterior
Roof
Tar Gravel
Utilities
Utilities
Other
Taxes
Property
21740
Area Information
State
CA
County
Alameda
City
Oakland
Zip Code
94606
Area
699 Not Defined
Listing VS Median (in 94606)
Price: $1,675,000
low | high
Med: $512,500
100% of Average
sqft: 8,348
low | high
Med: 2,110
100% of Average
$ / sqft: $201
low | high
Med: $249
25.949661250591% of Average
On site: 129
low | high
Med: 105
100% of Average
Sourced by Back At You
Market Activity 94606
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 1
Avg $ Per SqFt: $430.83
Min Sale Price: $545,000
Max Sale Price: $545,000
Med Sale Price: $545,000
Date: Jul 2026
Sales: 3
Avg $ Per SqFt: $564.47
Min Sale Price: $605,000
Max Sale Price: $1,475,000
Med Sale Price: $890,000
Date: Jun 2026
Sales: 12
Avg $ Per SqFt: $495.85
Min Sale Price: $329,900
Max Sale Price: $950,000
Med Sale Price: $607,950
Date: May 2026
Sales: 13
Avg $ Per SqFt: $454.47
Min Sale Price: $324,900
Max Sale Price: $1,450,000
Med Sale Price: $747,500
Date: Apr 2026
Sales: 8
Avg $ Per SqFt: $480.75
Min Sale Price: $297,900
Max Sale Price: $1,090,000
Med Sale Price: $582,500
Date: Mar 2026
Sales: 12
Avg $ Per SqFt: $535.29
Min Sale Price: $485,000
Max Sale Price: $1,252,000
Med Sale Price: $750,000
Date: Feb 2026
Sales: 9
Avg $ Per SqFt: $539.58
Min Sale Price: $280,900
Max Sale Price: $1,005,000
Med Sale Price: $695,000
Date: Jan 2026
Sales: 10
Avg $ Per SqFt: $552
Min Sale Price: $334,900
Max Sale Price: $2,100,000
Med Sale Price: $762,500
Date: Dec 2025
Sales: 2
Avg $ Per SqFt: $450.77
Min Sale Price: $394,900
Max Sale Price: $999,000
Med Sale Price: $696,950
Date: Nov 2025
Sales: 1
Avg $ Per SqFt: $
Min Sale Price: $2,100,000
Max Sale Price: $2,100,000
Med Sale Price: $2,100,000
Date: Sep 2025
Sales: 5
Avg $ Per SqFt: $459.59
Min Sale Price: $1,000
Max Sale Price: $860,000
Med Sale Price: $486,000
Sourced by Back At You
Aug 2026
Sales:
1
Avg $ Per SqFt:
$430.83
Min Sale Price:
$545,000
Max Sale Price:
$545,000
Med Sale Price:
$545,000
Jul 2026
Sales:
3
Avg $ Per SqFt:
$564.47
Min Sale Price:
$605,000
Max Sale Price:
$1,475,000
Med Sale Price:
$890,000
Jun 2026
Sales:
12
Avg $ Per SqFt:
$495.85
Min Sale Price:
$329,900
Max Sale Price:
$950,000
Med Sale Price:
$607,950
May 2026
Sales:
13
Avg $ Per SqFt:
$454.47
Min Sale Price:
$324,900
Max Sale Price:
$1,450,000
Med Sale Price:
$747,500
Apr 2026
Sales:
8
Avg $ Per SqFt:
$480.75
Min Sale Price:
$297,900
Max Sale Price:
$1,090,000
Med Sale Price:
$582,500
Mar 2026
Sales:
12
Avg $ Per SqFt:
$535.29
Min Sale Price:
$485,000
Max Sale Price:
$1,252,000
Med Sale Price:
$750,000
Feb 2026
Sales:
9
Avg $ Per SqFt:
$539.58
Min Sale Price:
$280,900
Max Sale Price:
$1,005,000
Med Sale Price:
$695,000
Jan 2026
Sales:
10
Avg $ Per SqFt:
$552
Min Sale Price:
$334,900
Max Sale Price:
$2,100,000
Med Sale Price:
$762,500
Dec 2025
Sales:
2
Avg $ Per SqFt:
$450.77
Min Sale Price:
$394,900
Max Sale Price:
$999,000
Med Sale Price:
$696,950
Nov 2025
Sales:
1
Avg $ Per SqFt:
$
Min Sale Price:
$2,100,000
Max Sale Price:
$2,100,000
Med Sale Price:
$2,100,000
Sep 2025
Sales:
5
Avg $ Per SqFt:
$459.59
Min Sale Price:
$1,000
Max Sale Price:
$860,000
Med Sale Price:
$486,000
MLS#: ML82045376 Listed By: Sam Runco - Marcus & Millichap - 6503911700-
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MLS#: ML82045376 Listed By: Sam Runco - Marcus & Millichap - 6503911700-