$1,299,000

901 55th St, Oakland, Ca, 94608

  • 5,024 Sqft
  • 5,809.0 Ac lot
  • Updated: Today
  • MLS#41149754

About the Property

Excellent opportunity to acquire a fully tenant-occupied five-unit property in a highly desirable and convenient North Oakland location. Generating $10,141 in monthly rental income ($121,692 annually), this income-producing property features spacious units, several of which have been extensively updated. Additional highlights include a common laundry room with existing hookups, offering the o
Excellent opportunity to acquire a fully tenant-occupied five-unit property in a highly desirable and convenient North Oakland location. Generating $10,141 in monthly rental income ($121,692 annually), this income-producing property features spacious units, several of which have been extensively updated. Additional highlights include a common laundry room with existing hookups, offering the opportunity to install machines and create an additional income stream, as well as easy-care landscaping. A tenant-maintained vegetable garden is anticipated to be converted to drought-resistant landscaping. Ideally located near AC Transit and Transbay bus service, with convenient access to BART, Temescal, Rockridge, and the shopping, dining, and neighborhood amenities along Telegraph Avenue and College Avenue. Easy access to Berkeley, Emeryville, and other major Bay Area destinations. A compelling opportunity for investors seeking a fully occupied multifamily property with established rental income in a sought-after Oakland location.
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  • Property type

    Other

  • Year built

    1966

  • Price/sqft

    $258

Features

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901 55th St, Oakland, CA 94608, California, United States View on Google Maps
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Listed by

Michael Braillard
California, United States
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Michael Braillard Michael Braillard background
3
Listings
2023
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Corcoran Icon Properties
Corcoran Icon Properties
2523 California Street, 94115, San Francisco, California, United States
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Last updated
Today
First listed
October 6
Listing reference
ghzh5v
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