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Travis Breton

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

Listed by Jatin Mehta, DRE #02045713 • Kite Hill Real Estate

$ 900,000

Est. payment | -/mo

12 Beds

4 Baths

3,584 SqFt

Save

$ 900,000

Est. payment | -/mo

Save

12 Beds

4 Baths

3,584 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,584 sqft

Price per Sqft $251

MLS Listing ID EB41148085

Bedrooms 12

Year Built 1965

Lot Size 5,378 Sqft

Property Sub-Type Fourplex

Source Bridge MLS

Property Description

To access the marketing package copy/paste: https://bit.ly/kitehillre 10582 Topanga Dr presents an attractive opportunity to acquire a four-unit multifamily property in Oakland's Sobrante Park neighborhood. Offered at $900,000, the property features a desirable unit mix of four spacious 3-bedroom, 1-bathroom apartments, along with 1:1 off-street parking. The property offers strong in-place income with a cap rate approaching 8% and an 8.47 GRM. At just $225,000 per unit, investors can acquire four large 3-bedroom apartments at a compelling basis while benefiting from solid cash flow. The property has also been recently painted, improving its overall curb appeal. The all-3-bedroom unit mix is a standout feature, offering larger floor plans that appeal to households seeking additional space. Combined with dedicated off-street parking for every unit, the property provides features that help differentiate it from many competing multifamily properties in the area. Located in Sobrante Park in East Oakland, 10582 Topanga Dr is approximately a 10-minute drive from Oakland International Airport and offers convenient access to Costco, Home Depot, Walmart, I-880, and other major East Bay amenities. With strong current income, large units, dedicated parking, and an attractive $900,000 ask

Location

State CA

County Alameda

Area Oakland Zip Code 94603

Interior

Heating Gas

Cooling Other

Flooring Wood

Exterior

Exterior Feature Stucco

Parking Features Parking Area

Garage Spaces 4.0

Roof Type Other

Building

Lot Description Regular

Others

Special Listing Condition New, Not Applicable

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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10582 Topanga Dr Oakland, CA 94603