8811 A ST new Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94621
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,878 sqft
Price per Sqft $306
MLS Listing ID ML82028211
Bedrooms 2
Full Baths 1
Year Built 1951
Lot Size 5,800 Sqft
Property Sub-Type Five or More Units
Property Description
8811 A Street is a fully remodeled and fully upgraded gated apartment 5-unit property, an exceptional turnkey investment in Oakland offering strong, stable cash flow with minimal long-term maintenance. All five units are 2-bedroom/1-bath and have been completely renovated with new flooring, updated recess lighting, new kitchen cabinets, fresh interior/exterior paint, and upgraded electrical breakers. Major capital improvements include a new roof, New and upgraded Electrical Breaker replacement for each unit, and additional system upgrades designed to reduce future expenses. This stabilized asset generates $11,101/month in gross income with near-market rents. Each unit is individually metered, and tenants pay for water, electricity, and gas, providing lower operating costs and predictable NOI. Located near I-880, Coliseum BART, Oakland Airport, and major employment centers, this turnkey gated apartment 5-plex offers a rare combination of high income, strong demand, and low maintenance. Ideal for both new and seasoned investors seeking a reliable Oakland multifamily opportunity.
Location
State CA
County Alameda
Zoning Multi family
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Parking Area
Utilities Available Public Utilities
Roof Type Tar and Gravel
Building
Foundation Other
Sewer Sewer - Public
Water Public
Others
Restrictions Age - No Restrictions
Tax ID 042-4272-001-02
Security Features Security Fence
Special Listing Condition Not Applicable
Virtual Tour https://my.matterport.com/show/?m=1EJZf18pdeB&mls=1