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$1,188,000

Est. payment - /mo

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5,797 Sqft Lot

Active

8811 A ST Oakland, CA 94621

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82028211

HOA Y/N No

Year Built 1951

Annual Tax Amount $13,863

Lot Size 5,797 Sqft

Property Description

8811 A Street is a fully remodeled and fully upgraded gated apartment 5-unit property, an exceptional turnkey investment in Oakland offering strong, stable cash flow with minimal long-term maintenance. All five units are 2-bedroom/1-bath and have been completely renovated with new flooring, updated recess lighting, new kitchen cabinets, fresh interior/exterior paint, and upgraded electrical breakers. Major capital improvements include a new roof, New and upgraded Electrical Breaker replacement and wall heater for each unit, and additional system upgrades designed to reduce future expenses. This stabilized asset generates $11,101/month in gross income with near-market rents. Each unit is individually metered, and tenants pay for water, electricity, and gas, providing lower operating costs and predictable NOI. Located near I-880, Coliseum BART, Oakland Airport, and major employment centers, this turnkey gated apartment 5-plex offers a rare combination of high income, strong demand, and low maintenance. Ideal for both new and seasoned investors seeking a reliable Oakland multifamily opportunity.

Location

State CA

County Alameda

Zoning Multi family

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Roof Type Tar/Gravel

Total Parking Spaces 5

Building

Water Public

Schools

School District Other

Others

Tax ID 042427200102

Special Listing Condition Standard

Listed by Ted Chen Redfin

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