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Listed by Sophia Chan, DRE #01722769 • MJE Real Estate, Inc.
$ 1,120,000
Est. payment | /mo
4 Beds
4 Baths
3,336 SqFt
$ 1,120,000
Est. payment | /mo
4 Beds
4 Baths
3,336 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,336 sqft
Price per Sqft $335
MLS Listing ID BE41153550
Bedrooms 4
Year Built 1927
Lot Size 3,210 Sqft
Property Sub-Type Five or More Units
Source Bay East
Property Description
Oakland Mixed-Use Investment Opportunity - Approximately 7.45% Projected Cap Rate!**An excellent opportunity to own a versatile mixed-use property featuring four 1-bedroom/1-bathroom residential units and one ground-floor commercial space. All four residential units have been renovated and are currently vacant, allowing the new owner to select tenants. Conveniently located with easy access to Highway 580, nearby retail amenities, and parks, the property offers a combination of residential and commercial investment potential. According to Apartment List's July 2026 rental data, Oakland's median one-bedroom rent was approximately **$2,077 per month, representing a 13% increase year over year.** This rental-market growth provides encouraging context for investors. Continued economic activity in San Francisco Bay Area may also support regional housing demand. Four renovated residential units. One commercial space. Flexible leasing opportunities. Approximately 7.45% projected cap rate. A compelling opportunity to invest in Oakland's mixed-use real estate market. **Don't miss it!**
Location
State CA
County Alameda
Area Oakland Zip Code 94606
Interior
Heating Gas
Cooling None
Flooring Linoleum, Carpet - Wall to Wall
Exterior
Exterior Feature Stucco, Wood Frame
Parking Features Off-Site Parking
Roof Type Other
Building
Water Heater - Gas
Others
Tax ID 022-031-2008
Special Listing Condition New, Not Applicable
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