Homes for sale - 548 105th AVE, Oakland, CA 94603

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Tim Alford & Faye Bon

Real Estate Professional

homes@alfordbon.com +1(408) 832-7698

Listed by Adam Dahdouh • Yellowstone Investments

$ 3,199,000

Est. payment | -/mo

10 Beds

6 Baths

10,478 SqFt

Save

$ 3,199,000

Est. payment | -/mo

Save

10 Beds

6 Baths

10,478 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 10,478 sqft

Price per Sqft $305

MLS Listing ID ML81996376

Bedrooms 10

Full Baths 6

Year Built 1958

Lot Size 0.846 Acres

Property Sub-Type Five or More Units

Source MLSListings, Inc.

Property Description

Offering Memorandum available upon request. The proforma CAP Rate is 9.50%. Yellowstone Investments has been selected to exclusively market for sale 548 105th Ave, a 13-unit multifamily investment opportunity in Oakland, California. This property consists of four single-story buildings totaling 10,478 square feet and includes 11 conforming residential units and 2 non-conforming units. The unit mix comprises six 4-bed/2-bath, one 3-bed/2-bath, three 2-bed/1-bath, and three 1-bed/1-bath units. With approximately 26 on-site parking spaces, the property offers convenience for residents, an added value in this high-demand rental market. Additionally, the roof has been replaced within the past 10 years, reducing near-term maintenance costs. Currently generating attractive income, the property offers significant upside potential in rental revenue. There is also a possibility to add a 1-bed/1-bath unit for increased income. Situated on a large lot, the property presents future development opportunities. Oakland's robust economy, excellent transportation infrastructure including BART, major highways, and Oakland International Airport (OAK), and its appeal as an affordable alternative to San Francisco make it an ideal location for multifamily investment.

Location

State CA

County Alameda

Area Oakland Zip Code 94603

Zoning R-70

Interior

Heating Wall Furnace

Cooling Other

Exterior

Parking Features Assigned Spaces, Drive Through, Unassigned Spaces, Uncovered Parking

Garage Spaces 26.0

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Other

Sewer Sewer - Public

Water Public

Others

Tax ID 045-5368-003-03

Special Listing Condition Not Applicable

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Tim Alford & Faye Bon

REALTOR® | Lic# 01507448 | 01746037

homes@alfordbon.com

+1(408) 832-7698

518 N Santa Cruz Ave, Los Gatos, CA, 95030, USA

548 105th AVE Oakland, CA 94603

Tim Alford & Faye Bon

Key Details

Location

Interior

Exterior

Building

Others

548 105th AVE