Oakland, CA 94603,9601 B St
Oakland, CA 94603,9601 B St
Oakland, CA 94603,9601 B St
7
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$1,450,000
Est. payment /mo
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10 Beds
3 Baths
6,320 SqFt
Active

9601 B St Oakland, CA 94603

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Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,320 sqft

Price per Sqft $229

MLS Listing ID CC41080346

Bedrooms 10

Originating Board Contra Costa Association of Realtors

Year Built 1902

Lot Size 0.275 Acres

Property Sub-Type Five or More Units

Property Description

GCM Realty Commercial is pleased to present 9601 B Street Oakland, an six-unit property in Oakland's Elmhurst neighborhood. This property features four 2bedroom/1bath units with an enclosed garage and laundry hook ups. These units are not subject to rent control. There is also a duplex on the property that consists o an upstairs unit with 4 bedrooms and 1 bath, also with laundry hook ups and finally a downstairs unit with 4 bedrooms and 1 bath and laundry hook ups. These 2 units are subject to rent control. 2:1 off-street parking and ample storage. Its location near the 98th Street interchange to highway 80 makes it an attractive option for commuters. The current rental rates, approximately 30% below market, reveal a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. This property is ideal for both new investors that want to maximize passive income and gain equity through property upgrades. Current GRM 10.24; Current CAP7.1%; Email agent on property website for more info.

Location

State CA

County Alameda

Area Other Area

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate, Tile, Carpet - Wall to Wall, Hardwood

Exterior

Exterior Feature Stucco, Siding - Wood

Parking Features Attached Garage, Parking Area, Spaces per Unit - >1

Garage Spaces 10.0

Roof Type Composition

Building

Lot Description Regular

Sewer Sewer - Public

Others

Tax ID 44-4981-6

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
Listed by Maurice Carbajal • GCM Realty & Loans

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agent

Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321

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9601 B St