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Listed by Laura Martell, DRE #01401840 • Winkler Real Estate Group
$1,598,000
Est. payment /mo
10 Beds
4 Baths
5,127 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,127 sqft
Price per Sqft $311
MLS Listing ID EB41128305
Bedrooms 10
Year Built 1919
Lot Size 7,112 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
Prime mixed-use investment opportunity in the heart of the Dimond District of Oakland. This well-positioned 8-unit property generates approximately $115,000 in annual income and offers a diverse unit mix, including three studio apartments, two 2 bed/1 bath units, one 3 bed/1 bath apartment, a detached 3 bed/1 bath house, and a restaurant space providing strong commercial exposure. Situated in a vibrant, high-traffic corridor, the property benefits from steady residential demand and established local businesses. The varied unit mix creates multiple income streams and long-term upside potential through rental growth and potential repositioning. Ideal for investors seeking a stable asset in a sought-after neighborhood with a strong community feel, walkability, and convenient access to shops, dining, and transportation. A rare opportunity to own a versatile, income-producing asset in one of Oakland's most desirable districts.
Location
State CA
County Alameda
Area Oakland Zip Code 94602
Interior
Cooling None
Flooring Other
Exterior
Parking Features Parking Area
Garage Spaces 7.0
Roof Type Composition
Building
Sewer Sewer - Public
Water Public
Others
Tax ID 28-938-16
Special Listing Condition Not Applicable
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