548 105th AVE Active Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94603
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81996376
HOA Y/N No
Year Built 1958
Annual Tax Amount $42,762
Lot Size 0.846 Acres
Property 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.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning R-70
Interior
Heating Wall Furnace
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 26
Building
Water Public
Schools
School District Other
Others
Tax ID 045536800303
Special Listing Condition Standard