548 105th AVE Active Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94603
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 10,478 sqft
Price per Sqft $305
MLS Listing ID ML81996376
Bedrooms 10
Full Baths 6
Year Built 1958
Lot Size 0.846 Acres
Property Sub-Type Five or More Units
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 Oakland Zip Code 94603
Zoning R-70
Interior
Heating Wall Furnace
Cooling Other
Exterior
Parking Features Assigned Spaces,Drive Through,Unassigned Spaces,Uncovered Parking
Utilities Available Public Utilities
Roof Type Composition
Building
Foundation Other
Sewer Sewer - Public
Water Public
Others
Restrictions Other
Tax ID 045-5368-003-03
Security Features Security Fence
Special Listing Condition Not Applicable