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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

$ 1,675,000

Est. payment | -/mo

5,000 Sqft Lot

Save

$ 1,675,000

Est. payment | -/mo

Save

5,000 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82045376

HOA Y/N No

Year Built 1910

Annual Tax Amount $21,740

Lot Size 5,000 Sqft

Property Description

848 International Boulevard presents a well-maintained 7-unit multifamily investment opportunity in a strong rental market. The property features a highly desirable unit mix consisting primarily of spacious three-bedroom units, catering to strong and consistent rental demand from families and shared households. Since acquiring the property in 2018, ownership has invested significantly in capital improvements, including approximately $110,000 to complete Oaklands mandatory soft-story seismic retrot in 2024substantially reducing future structural risk and bringing the property into compliance with current city requirements. Additionally, four units have undergone major renovations to enhance interior appeal and positioning the asset for continued rental upside. With a combination of in-place income stability and value-add potential through further unit upgrades, the property offers investors a balanced prole of durability and growth. Its corner lot positioning, functional layout, and ongoing improvements make it an attractive long-term hold in a supply-constrained rental market.

Location

State CA

County Alameda

Area 699 - Not Defined

Zoning CN-3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Carport Spaces 3

Utilities Available Other

Roof Type Tar/Gravel

Building

Water Other

Schools

School District Other

Others

Tax ID 0200137009

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Sam Runco Marcus & Millichap #01977683

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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848 International BLVD Oakland, CA 94606