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Listed by Eymon Binesh • Marcus & Millichap, DRE#02060059
$ 1,995,000
Est. payment | /mo
1 Bed
1 Bath
5,904 SqFt
$ 1,995,000
Est. payment | /mo
1 Bed
1 Bath
5,904 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,904 sqft
Price per Sqft $337
MLS Listing ID ML82038521
Bedrooms 1
Full Baths 1
Year Built 1962
Lot Size 7,600 Sqft
Property Sub-Type Five or More Units
Property Description
Marcus & Millichap is pleased to present 4121 Opal Street, a 10-unit apartment building ideally located in Oakland's highly desirable Temescal neighborhood, one of the East Bay's most vibrant and walkable districts. Offered at an attractive $208,000 per unit with nearly a 6% cap rate, the property presents a compelling investment opportunity with significant upside through cosmetic improvements. The asset benefits from exceptional walkability and immediate access to the shopping, dining, and entertainment along Telegraph Avenue, Broadway, and Piedmont Avenue, placing tenants in the center of one of Oaklands most dynamic urban corridors.
Location
State CA
County Alameda
Area Oakland Zip Code 94609
Zoning RM
Interior
Heating Electric
Cooling None
Laundry Coin Operated
Exterior
Parking Features Off-Street Parking
Utilities Available Public Utilities
Roof Type Rolled Composition
Building
Foundation Wood Frame
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 012-1006-015
Security Features None
Special Listing Condition Not Applicable
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John Faylor
Realtor | Lic# 1065896