5444 International Blvd
Oakland, CA 94601

  • – beds
  • – baths
  • – sqft
  • 5,495 sqft lot
  • 1942 build
  • on site

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Large 4-unit apartment complex consisting of four 2bd/1bth units with solid cash flow and excellent rental upside. 6.75% cap rate and 10.11 on current rents! The property offers 3,340 square feet of rental spaces and sits on a large 5,495 square foot lot that offers 6+ parking spaces and room to potentially build an Accessory Dwelling Unit (ADU). The current owner recently addressed all deferred maintenance and spent over $25,000 on capital improvements to deliver a turn-key investment for the next owner. The roof is relatively new and the electrical system and foundation have both been upgraded. Maintenance and repairs are low, and all units are separately metered for PG&E providing for low annual expenses. The units have spacious floor plans, classic details, hardwood floors and great light. The property is located adjacent to the Fairfax Business District in close proximity to restaurants, shopping, public transportation, and multiple BART stations.

California Regional MLS logo Listed By CRMLS_CA / David Howarth / The Pinza Group, Inc

Last checked: Checking… • Last updated May 29, 2023 •

MLS# 40930516 —

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Sale history

Date Event Source Price % Change
2/23/21
Sold CRMLS_CA $800,000

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Multifamily Sold on 2/23/2021

$800,000

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Listing provided by broker:

David Howarth

The Pinza Group, Inc

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and The Pinza Group, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 17:19 on Apr 17.

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