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5470 Camden , Oakland, CA 94619
Priced at Only: $3,375,000
For more Information Call Mobile: 714.478.6676
Address: 5470 Camden , Oakland, CA 94619
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  • MLS#: 41077995 ( )
  • Street Address: 5470 Camden
  • Viewed: 8
  • Price: $3,375,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1958
  • Bldg sqft: 0
  • Days On Market: 54
  • Additional Information
  • County: ALAMEDA
  • City: Oakland
  • Zipcode: 94619
  • Provided by: BHHS Drysdale Properties
  • Contact: Matthew Matthew
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    This 10,150 SF multifamily property, built in 1957, presents a lucrative opportunity for investors seeking solid returns. Featuring 15 units10 1 bedroom, 1 bathroom units, 3 studios, and 2 2 bedroom, 1 bathroom unitsthe property provides a well balanced unit mix that appeals to a broad tenant base. Zoned R50 also offers flexibility for future development or expansion, enhancing its long term value. Located in a highly desirable Oakland area, this asset is strategically positioned less than 5 minutes from Northeastern University and Mills College, with easy access to Highways 580 and 880. Its close proximity to Oakland International Airport and other key amenities further increases tenant demand, making it a strong rental market performer. The property is separately metered for PG&E utilities, features on site parking, and has undergone a full seismic retrofit, ensuring modern infrastructure and reduced future capital expenditures. With potential for rent growth through tenant turnover, the property offers significant upside for value add investors. This multifamily property combines immediate cash flow potential with strong prospects for future appreciation, making it a prime investment in Oakland's growing real estate market.
Features
Association Fee
  1. 0.00
Construction Materials
  1. See Remarks
Cooling
  1. See Remarks
Days On Market
  1. 46
Heating
  1. See Remarks
Lot Features
  1. Corner Lot
Netoperatingincome
  1. 199816.00
Parcel Number
  1. 362503137
Sourcesystemkey
  1. 41077995:BMLS
Year Built
  1. 1958
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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