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$ 1,499,000
Est. payment | /mo
5,127 SqFt
$ 1,499,000
Est. payment | /mo
5,127 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,127 sqft
Price per Sqft $292
Subdivision Dimond District
MLS Listing ID 41128305
HOA Y/N No
Year Built 1919
Lot Size 7,112 Sqft
Acres 0.16
Property Sub-Type Multi Family
Property Description
Prime mixed-use investment opportunity in the heart of the Dimond District of Oakland. This well-positioned 8-unit property generates approximately $115,000 in annual income and offers a diverse unit mix, including three studio apartments, two 2 bed/1 bath units, one 3 bed/1 bath apartment, a detached 3 bed/1 bath house, and a restaurant space providing strong commercial exposure. Situated in a vibrant, high-traffic corridor, the property benefits from steady residential demand and established local businesses. The varied unit mix creates multiple income streams and long-term upside potential through rental growth and potential repositioning. Ideal for investors seeking a stable asset in a sought-after neighborhood with a strong community feel, walkability, and convenient access to shops, dining, and transportation. A rare opportunity to own a versatile, income-producing asset in one of Oakland's most desirable districts.
Location
State CA
County Alameda
Rooms
Basement Separate Entry
Interior
Heating Other
Cooling None
Flooring Other
Fireplace No
Exterior
Total Parking Spaces 7
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 2893816
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Listed by Laura Martell • Winkler Real Estate Group
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