8811 A St new

Oakland,CA 94621

$ 1188000

8 Beds

4 Baths

3878 SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,878 sqft

Price per Sqft $306

MLS Listing ID BE41117934

Bedrooms 8

Year Built 1951

Lot Size 5,800 Sqft

Property Sub-Type Five or More Units

Source Bay East

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 lighting, new kitchen cabinets, fresh interior/exterior paint, and upgraded electrical breakers. Major capital improvements include a new roof, new electrical panels, 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

Area Oakland Zip Code 94621

Interior

Heating Wall Furnace

Cooling None

Flooring Vinyl,Carpet - Wall to Wall

Exterior

Exterior Feature Other

Parking Features Spaces per Unit - 1,Parking Area

Garage Spaces 5.0

Roof Type Tar and Gravel

Building

Lot Description Grade - Level

Sewer Sewer - Public

Water Public

Others

Tax ID 42-4272-1-2

Special Listing Condition New,Not Applicable

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