$1,500,000
Marcus $ Millichap is pleased to present 203 Bissell Ave, a well-maintained 4 unit multifamily property located in East Oaklands Lower Maxwell Park/Melrose area. Built in 1960, the property features approximately 4,278 SF on a 0.17acre lot and is 100% occupied, providing stable in-place income. The unit mix consists of three 2BD/1BA units and one 3BD/2BA unit, all with spacious layouts. The property offers 4 garage parking spaces (1:1 ratio), individually metered gas and electric, and master metered water. In-place rents are approximately 9% below market, offering upside through rent growth over time. Conveniently located near High Street, Foothill Blvd, I580, I880, public transit, neighborhood retail, and parks. A solid multifamily investment in a strong East Oakland rental corridor.
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Listed by Eymon Binesh with Marcus & Millichap (650) 391-1700
Property Type
Quadruplex
Status
Active
MLS Number
ML82045267
Year Built
1960
Lot Size
7,301 sq ft