9601 B St, Oakland, CA 94603 (MLS # 41080346)

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PRICE $1,450,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE n/a
LOT SIZE 12,001 sqft
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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.

DAYS ON MARKET 17 LAST UPDATED 12/10/2024
TRACT ELMHURST YEAR BUILT 1902
COUNTY Alameda STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
AIR CONDITIONING Yes
CONSTRUCTION Stucco, Wood Siding
HEAT Wall Furnace
HOA DUES 0
LOT 0.28 acre(s)
SUBDIVISION ELMHURST
TAXES 17434
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with GCM Realty & Loans

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