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9601 B St
For Sale $1,450,000
$1,450,000
- 6 Units
- Unknown Sq Ft
- 12,000 Sq Ft
- Unknown Cap Rate
Description
GCM Realty Commercial is pleased to present 9601 B Street Oakland, an six-unit property in Oakland's Elmhurst neighborhood. This property features four 2bedroom/1bath units with an enclosed garage and laundry hook ups. These units are not subject to rent control. There is also a duplex on the property that consists o an upstairs unit with 4 bedrooms and 1 bath, also with laundry hook ups and finally a downstairs unit with 4 bedrooms and 1 bath and laundry hook ups. These 2 units are subject to rent control. 2:1 off-street parking and ample storage. Its location near the 98th Street interchange to highway 80 makes it an attractive option for commuters. The current rental rates, approximately 30% below market, reveal a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. This property is ideal for both new investors that want to maximize passive income and gain equity through property upgrades. Current GRM 10.24; Current CAP7.1%; Email agent on property website for more info.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,450,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 10 spots |
| Year Built | 1902 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 4449816 |
| MLS # | 41080346 |
| Property ID | 321104377 |
| Lot Sqft | 12,000 |
| Zoning | Unknown |
| Total Units | 6 |
| Days on Market | 17 |
| Original List Price | $1,450,000 |
| Date Updated | December 15, 2024 |
| Date Created | December 08, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Maurice Carbajal an agent of . Lic #01415783
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 15, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT