www.1148e15th.com; Three total units comprised of one 2bd/1bth unit and two 1bd/1bth units, all set on a 3,780 SF lot. Each unit is separately metered for gas, electricity, and water, providing the potential to make tenants responsible for all utilities. The well-maintained units boast hardwood flooring, updated kitchens and bathrooms, and a large backyard suitable for parking or entertainment, secured by a gate for added security. With two units currently vacant and ready to be rented at market rate, this property offers an ideal opportunity for an owner occupant to live in the main unit while generating rental income from the others. Located in a prime Oakland neighborhood, it is within walking distance to Lake Merritt and Lake Merritt BART Station, Laney College, popular restaurants, cafes, shopping, and parks. Email agent on property website for more information.
www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 1736-1742 23rd Ave, a distinguished thirteen unit apartment building in Oakland's sought-after San Antonio neighborhood. Its strategic location near the Fruitvale BART station positions it as an attractive option for commuters. Multiple units delivered vacant for immediate renovation and leas up. The current rental rates, set at approximately 40% below market, unveil a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. Soft story seismic retrofit required. Current GRM 10.36; Market GRM 6.41; Email agent on property website for more info.
www.pinzaoaklandportfolio.com; The Pinza Group proudly presents 751 E 11th St in Oakland, a unique investment opportunity in the sought-after East Peralta neighborhood. This property comprises a well-maintained 8-unit building with spacious studio apartments. Conveniently located near the Lake Merritt BART station, this property is ideal for commuters, adding to its appeal for potential tenants. The property also offers potential for rental rate increases and value appreciation over time, making it a great investment option for both seasoned investors and those seeking stable returns. With its prime location, tenant amenities, and growth potential, it's a standout opportunity in the Oakland real estate market. 745 E 11th, next door, also available. 10.07 Current GRM; 6.73 Market GRM; Email agent on property website for more info.
www.pinzaoaklandportfolio.com; The Pinza Group proudly presents 745 E 11th St in Oakland, a unique investment opportunity in the sought-after East Peralta neighborhood. This property comprises a well-maintained 8-unit building with spacious studio apartments. Conveniently located near the Lake Merritt BART station, this property is ideal for commuters, adding to its appeal for potential tenants. The property also offers potential for rental rate increases and value appreciation over time, making it a great investment option for both seasoned investors and those seeking stable returns. With its prime location, tenant amenities, and growth potential, it's a standout opportunity in the Oakland real estate market. Current GRM 10.71; Market GRM 6.73. 751 E 11th St, next door, is also available. Email agent on property website for more info.
www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 905 E 11th St, a distinguished Victorian building in Oakland's sought-after East Peralta neighborhood. This property offers seven units comprised of six studios and one 1bd/1bth unit. The current rental rates are set at approximately 40% below market, unveiling a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. With its clear potential for growth, this property stands as an excellent investment avenue suitable for both established investors and new investors looking to enter the market at a low basis. Current GRM 9.87; Market GRM 6.43; Email agent on property website for more info.
www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 515 E 11th St, a distinguished five-plex in Oakland's sought-after Merritt neighborhood. The property offers three expansive studios and two 2bd/1bth units. Its strategic location near the Lake Merritt BART station positions it as an attractive option for commuters. The one studio unit, set to be delivered vacant, presents a perfect opportunity for both new investors aiming for owner occupancy through a low downpayment loan and seasoned investors looking to capitalize on market-rate rents. The current rental rates, set at approximately 40% below market, unveil a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. This property stands as an excellent investment avenue with a clear upside for growth, suitable for both established investors and those seeking an owner-occupied investment. Current GRM 9.32; Market GRM 6.02; Email agent on property website for more info.
www.pinzaoaklandportfolio.com; 1718 6th Ave is a distinguished fourplex in Oakland's sought-after Clinton neighborhood. The property offers four 1bd/1bth units approx. 650 SF each. Its strategic location near the Lake Merritt BART station positions it as an attractive option for commuters. The current rental rates, set at approximately 50% below market, unveil a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. One unit, set to be delivered vacant, presents a perfect opportunity for both new investors aiming for owner occupancy through a low downpayment loan and seasoned investors looking to capitalize on market-rate rents. 11.47 GRM; 8.80 Market GRM Email agent on property website for more info.
www.pinzaoaklandportfolio.com; The Pinza Group proudly presents 1035 8th Ave, a charming duplex in Oakland’s desirable East Peralta neighborhood. This property, set on a 2,975 SF lot, features a spacious 2-bedroom, 1-bath master unit and a studio unit, each thoughtfully designed with a designated parking spot to enhance tenant convenience. Strategically located near the Lake Merritt BART station, this property is ideal for commuters, further increasing its appeal. It offers significant growth potential with opportunities for rental rate increases and value appreciation, making it an excellent investment for both seasoned investors and those seeking owner-occupied stability. The prime location, existing amenities, and substantial growth potential make 1035 8th Ave a standout opportunity in the Oakland real estate market. 11.87 GRM; 8.27 Market GRM Email agent on property website for more info.
Located in the beautiful and convenient Lake Merritt area, this rare property with four units is back on the market with many surprises. The seller used a large sum of money to buy out the long-term tenants in three units, enabling to renovate these units. Units #1 now feature brand new bathroom, new laminate floor, fresh paint, and new refrigerators. Unit #2 now features brand new bathroom, refresh hardwood floors, fresh paint, double panel windows. 1836 is a cute cottage single house sitting in the rear, tile and laminate floor, fresh paint. The entire building has a new roof, exterior paint, and a spacious backyard that can accommodate over 10 cars. There is great potential to expand the property to 10 units, with the possibility of converting the existing large garage into an office space, providing ample storage space, or converting it into additional units. Don’t disturb unit #3 tenants, open house 8/4/24 1-4pm.
4-Unit Mixed use. All tenants occupied.
Discover a VACANT, turnkey investment property in Oakland. Built in 1951, this pristine fourplex is a contemporary gem with (4) new 2BR,1BA units, meticulously updated to today's standards. Each unit features renovated kitchens with quartz countertops, sleek cabinets, modern hardware, and new appliances. Bathrooms boast new vanities, stylish showers or tubs, and chic tile flooring. Large, sunny rooms with new windows, updated flooring, and freshly painted interiors and exteriors enhance the living experience. Upgraded 100-amp electrical panels meet insurance requirements, with all work permitted and city-approved. The property offers an on-site laundry room, a new outdoor pergola, a detached garage with four secured separate garages, and ample outdoor space. Each unit has a private rear entrance leading to a shared courtyard. Preliminary permits for up to two ADUs present an opportunity to further boost rental income. Located in Oakland's serene Highland Terrace neighborhood, this property provides scenic views and a peaceful residential atmosphere, with proximity to highways, public transit, parks, schools, and shopping. With Oakland's thriving economy and Highland Terrace's blend of tranquility and convenience, this turnkey gem promises strong rental demand and long-term value!
All 4 Units Vacant, All Large 1 Bed 1 bath units in building, corner property, basement with storage, 4 Garages in rear with 4 parking spaces in front of each garage, totaling 8 off street garages.
All 4 Units Vacant, All 2 Bed 1 bath units in building, corner property, full basement with laundry room and storages in basement, 3 Garages in rear.
Explore 2345 Park Blvd: A unique 8-unit mixed-use property near the coveted Lake Merritt area. This charming building offers 6 residential units and a vibrant corner retail space with 2 units bordering the Montclair Avenue intersection. Located just minutes away from the picturesque Lake Merritt and BART, residents will enjoy a vibrant neighborhood with a wealth of nearby amenities under a well deserved walking score of 86. The convenience of the Tempo AC transit line provides easy access to BART and downtown Oakland. Ideal for investors seeking a promising opportunity with immense upside under market rents, 2345 Park Blvd presents a compelling blend of location, versatility, and potential. More Photos Coming Soon!
Introducing a unique investment opportunity at 1439-1441 7th Ave, Oakland! This four-unit building offers a blend of amenities and classic charm. Each unit features spacious living areas, kitchens, and ample natural light. With one-bedroom units with attached gaarage there's flexibility for tenants. The property boasts a well-maintained exterior and a communal garden space for residents to enjoy. Conveniently located near amenities and public transportation, this building is a promising addition to any investor's portfolio. Don't miss the chance to own this income-generating property in a thriving Oakland neighborhood!
Introducing a versatile 5-unit residential building that will be a great investment opportunity. The potential for steady rental income from the units, combined with the ever-growing demand for housing in the bay area, will ensures a promising return on investment. All tenants have been good tenant thru the Covid pandemic.
2344 Ivy Drive Oakland is an extraordinary 4-unit multifamily property located just steps from Lake Merritt. The property consists of (4) 2-bedroom, 1-bathroom Units that includes Dual Pane Windows, modern kitchens and bathrooms, hardwood floors, and in-unit laundry. The building offers garage spaces, increasing the desirability for tenants and additional revenue source. All units are fully rented - tenant occupied. Centrally located on a quiet tree-lined street in Oakland's Grand Lake Neighborhood and close to Lake Merritt, Grand Lake Theater, and Downtown Oakland.
This property is a dynamic cash flow machine, as it generates a true 5% Capitalization Rate on the existing financials and is located in the very desirable Highland Heights Neighborhood less than 5 minutes away from Highland Hospital making for an extremely strong rental demand. The unit mix is outstanding, comprised of 5 very large 2bd/1ba apartments with on-site parking for each unit and the property also has onsite laundry. Two of the units are rented close to market and the other Three are under market, which means there is also upside value in the rents.
The median home value in Oakland, CA is $819,500. This is lower than the county median home value of $1,034,400. The national median home value is $338,100. The average price of homes sold in Oakland, CA is $819,500. Approximately 38.35% of Oakland homes are owned, compared to 54.51% rented, while 7.14% are vacant. Oakland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Oakland real estate agent to arrange a tour today!
Oakland, California 94606 has a population of 437,548. Oakland 94606 is less family-centric than the surrounding county with 28.66% of the households containing married families with children. The county average for households married with children is 36.75%.
The median household income in Oakland, California 94606 is $85,628. The median household income for the surrounding county is $112,017 compared to the national median of $69,021. The median age of people living in Oakland 94606 is 36.9 years.
The average high temperature in July is 71.7 degrees, with an average low temperature in January of 43.7 degrees. The average rainfall is approximately 23.6 inches per year, with 0 inches of snow per year.