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Wilson Leung

wilson@theownteam.com +1(650) 280-8888

Listed by Gabriel Galiothe Compass

$ 1,295,000

Est. payment | -/mo

10 Beds

5 Baths

4,022 SqFt

Save

$ 1,295,000

Est. payment | -/mo

Save

10 Beds

5 Baths

4,022 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,022 sqft

Price per Sqft $321

MLS Listing ID 426120520

Bedrooms 10

Full Baths 5

HOA Y/N No

Lot Size 4,360 Sqft

Acres 0.1001

Property Sub-Type Multi Family

Property Description

Exceptional pride of ownership shines throughout this well-maintained 5-unit apartment property, offering a rare combination of stable income, upside potential, and turnkey flexibility. The building features three occupied units providing consistent cash flow, along with two beautifully remodeled and fully furnished vacant units that are ready for immediate occupancy or continued operation as short-term rentals. The furnished units have demonstrated strong Airbnb income potential, creating an attractive opportunity for investors seeking to maximize returns through a blend of traditional and short-term rental strategies. Thoughtful renovations, modern finishes, and turnkey furnishings make these units especially appealing to traveling professionals, medical staff, and visitors seeking extended-stay accommodations. Additional income-producing amenities include shared coin-operated laundry, while four private garages and four additional off-street parking spaces provide a valuable convenience rarely found in Oakland multifamily properties. The property's excellent condition reflects years of careful ownership and stewardship, minimizing deferred maintenance concerns and allowing a new owner to focus on growth and income generation. Ideally situated near shopping, dining, public transportation, and Oakland's vibrant cultural amenities, this property benefits from strong tenant demand and long-term rental stability. Whether you're seeking a cash-flowing asset, a value-add opportunity, or a multifamily property with proven short-term rental performance, this exceptional investment offers the best of all worlds.

Location

State CA

County Alameda

Area Oakland Zip 94610

Rooms

Basement Partial

Interior

Interior Features Formal Entry

Heating Wall Furnace

Cooling None

Flooring Wood

Fireplace No

Window Features Double Pane Windows

Appliance ENERGY STAR Qualified Appliances, Free-Standing Electric Range, Free-Standing Refrigerator, Gas Water Heater

Laundry Coin Operated, Common Area

Exterior

Utilities Available Cable Connected, Electricity Available, Natural Gas Connected

Roof Type Tar/Gravel

Handicap Access Accessible Full Bath, Parking

Total Parking Spaces 8

Building

Lot Description Curb(s), Sidewalk

Foundation Concrete Perimeter, Pillar/Post/Pier, Other

Water Meter Available

Level or Stories Multi/Split, Two

New Construction No

Others

Tax ID 023039503901

Nearby School & Business

+1(650) 280-8888

wilson@theownteam.com

1651 El Camino Real, Millbrae, CA, 94030, United States

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3206 Park BLVD Oakland, CA 94610