$1,999,000
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. Proforma CAP rate of 6.44% 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.

2858 Brookdale Ave, Oakland
Listed by Stephen Pagones with Oak Tree Property Group

2605 High St, Oakland
Listed by Stephen Pagones with Oak Tree Property Group

260 Park, Oakland
Listed by Amit Urban with BellStreet Inc.

1905 Foothill Blvd, Oakland
Listed by Timothy Warren with NAI Northern California

1000 E 33rd St, Oakland
Listed by Brian Baniqued with BCRE

476 42nd St, Oakland
Listed by Sam Runco with Marcus & Millichap

31 Croxton Ave, Oakland
Listed by Willem Bos with COMPASS
Photo coming soon
5917 International Blvd, Oakland
Listed by Tadesse Teklemichael with STM Real Estate & Finance