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$ 4,195,000
Est. payment | /mo
15,464 SqFt
$ 4,195,000
Est. payment | /mo
15,464 SqFt
Key Details
Property Type Commercial
Sub Type Lowrise (1-3 Flrs)
Listing Status Active
Purchase Type For Sale
Square Footage 15,464 sqft
Price per Sqft $271
Subdivision Fairfax
MLS Listing ID 41143856
HOA Y/N No
Year Built 1918
Lot Size 8,250 Sqft
Acres 0.19
Property Sub-Type Lowrise (1-3 Flrs)
Property Description
Pleased to present 4609 Bond Street, a twenty-eight (28)-unit multifamily property located in Oakland's Fruitvale neighborhood. The approximately 15,464 square foot building features an attractive unit mix of sixteen (16) studio units and twelve (12) one-bedroom/one-bathroom units, providing broad tenant appeal and stable in-place income. A true turnkey investment, the property has undergone extensive capital improvements, including fully renovated interiors, upgraded electrical subpanels, plumbing and roof improvements, seismic upgrades, a new water heater, and a solar water heating system that enhances operating efficiency. The asset offers immediate cash flow with additional upside through below-market rents and continued rental growth. With its desirable unit mix, extensive upgrades, and long-term upside, 4609 Bond Street presents a compelling investment opportunity in one of Oakland's most established rental markets. The property is situated in Oakland's Fruitvale neighborhood, just north of International Boulevard and minutes from Fruitvale BART, providing residents with convenient access to Downtown Oakland, San Francisco, and the greater Bay Area. The property benefits from immediate proximity to Foothill Boulevard, Interstate 580, and Interstate 880, allowing for excellent regional connectivity. Residents enjoy easy access to neighborhood restaurants, grocery stores, retail services, parks, and the vibrant Fruitvale commercial district, while nearby employment centers in Downtown Oakland, Jack London Square, Alameda, and San Francisco support strong rental demand. With continued public and private investment throughout East Oakland and excellent transportation options, the area remains an attractive location for renters seeking affordability and convenience.
Location
State CA
County Alameda
Rooms
Basement None
Interior
Heating Wall Furnace
Cooling None
Flooring Vinyl, Carpet
Fireplace No
Appliance Microwave, Dryer, Washer, Gas Water Heater
Exterior
Utilities Available Individual Electric Meter, Individual Gas Meter
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 3523591
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Listed by Timothy Warren • NAI Northern California
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