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Travis Breton

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

$ 1,999,000

Est. payment | -/mo

0.85 Acres Lot

Save

$ 1,999,000

Est. payment | -/mo

Save

0.85 Acres Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Dimond District

MLS Listing ID 41150309

HOA Y/N No

Year Built 1964

Lot Size 0.854 Acres

Property Description

Excellent opportunity to own a well-maintained 6-unit multifamily property in Oakland's popular Dimond District. Approximately $75,000 in capital improvements have been completed this year, helping to minimize future maintenance obligations and providing added peace of mind for the next owner. Recent upgrades include a brand new sewer lateral (compliant), new sidewalk (compliant), new asphalt driveway, new main panel and new individual electrical panels in each unit. The property is fully occupied and features individual PG&E meters, community laundry, and a low-maintenance setup that makes ownership more straightforward. CAP rate of 4.5% The property's location is a significant draw for tenants, offering easy access to shops, restaurants, cafés, and services that make the Dimond District such a sought-after Oakland neighborhood. Nearby Dimond Park provides abundant recreational opportunities, while convenient transit options and commuter routes connect residents to Downtown Oakland, San Francisco, and the greater Bay Area. The combination of neighborhood amenities and accessibility helps support strong tenant demand. Properties offering recent major improvements, stable occupancy, and a sought-after neighborhood location are increasingly difficult to find. This is a rare opportunity to acquire a solid income-producing asset in one of Oakland's most established and desirable neighborhoods.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Parking Features Assigned, On Street

Total Parking Spaces 6

Building

Lot Description Street Level

Others

Tax ID 29A1305471

Acceptable Financing Cash

Listing Terms Cash

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Tanja Odzak eXp Realty of California #01992169

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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3812 Whittle Ave Oakland, CA 94602