Property Details
About this Property
This 10,150 SF multifamily property, built in 1957, presents a lucrative opportunity for investors seeking solid returns. Featuring 15 units—10 1-bedroom, 1-bathroom units, 3 studios, and 2 2-bedroom, 1-bathroom units—the property provides a well balanced unit mix that appeals to a broad tenant base. Zoned R50 also offers flexibility for future development or expansion, enhancing its long-term value. Located in a highly desirable Oakland area, this asset is strategically positioned less than 5 minutes from Northeastern University and Mills College, with easy access to Highways 580 and 880. Its close proximity to Oakland International Airport and other key amenities further increases tenant demand, making it a strong rental market performer. The property is separately metered for PG&E utilities, features on-site parking, and has undergone a full seismic retrofit, ensuring modern infrastructure and reduced future capital expenditures. With potential for rent growth through tenant turnover, the property offers significant upside for value-add investors. This multifamily property combines immediate cash flow potential with strong prospects for future appreciation, making it a prime investment in Oakland's growing real estate market.
MLS Listing Information
MLS #
EB41077995
MLS Source
Bridge MLS
Days on Site
48
Interior Features
Flooring
Other
Cooling
Other
Exterior Features
Roof
Other
Parking, School, and Other Information
Sewer
Public Sewer
Complex Amenities
Other
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
5470 Camden is a Residential Income in Oakland, CA 94619. This 7,450 square foot property sits on a 6958 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,375,000 and was built in 1958. This address can also be written as 5470 Camden, Oakland, CA 94619.
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This listing information is up-to-date as of December 10, 2024. For the most current information, please contact Matthew Rulloda, (415) 602-2882
