Large 4-unit apartment complex consisting of four 2bd/1bth units with solid cash flow and excellent rental upside. 6.75% cap rate and 10.11 on current rents! The property offers 3,340 square feet of rental spaces and sits on a large 5,495 square foot lot that offers 6+ parking spaces and room to potentially build an Accessory Dwelling Unit (ADU). The current owner recently addressed all deferred maintenance and spent over $25,000 on capital improvements to deliver a turn-key investment for the next owner. The roof is relatively new and the electrical system and foundation have both been upgraded. Maintenance and repairs are low, and all units are separately metered for PG&E providing for low annual expenses. The units have spacious floor plans, classic details, hardwood floors and great light. The property is located adjacent to the Fairfax Business District in close proximity to restaurants, shopping, public transportation, and multiple BART stations.
Off market
Zestimate®
$910,800
5444 International Blvd, Oakland, CA 94601
--beds
0baths
3,342sqft
MultiFamily
Built in 1942
-- sqft lot
$910,800 Zestimate®
$273/sqft
$2,378 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Interior area
- Total interior livable area: 3,342 sqft
Property
Lot
- Size: 5,492 sqft
Details
- Parcel number: 35236621
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
Condition
- Year built: 1942
Community & neighborhood
Location
- Region: Oakland
Other
Other facts
- Class: RESIDENTIAL INCOME
- Source: Public Records
- Building Type: FOURPLEX
- City: OAKLAND
- List Date: 2020-11-29
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Estimated market value
$910,800