4609 Bond St, Oakland, California 94601

$4,195,000

Property Type

Residential Income

City

Oakland

Status

Active

Pleased to present 4609 Bond Street, a twenty-eight (28)-unit multifamily property located in Oakland's Fruitvale neighborhood. The approximately 15,464 square foot building features an attractive unit mix of sixteen (16) studio units and twelve (12) one-bedroom/one-bathroom units, providing broad tenant appeal and stable in-place income. A true turnkey investment, the property has undergone extensive capital improvements, including fully renovated interiors, upgraded electrical subpanels, plumbing and roof improvements, seismic upgrades, a new water heater, and a solar water heating system that enhances operating efficiency. The asset offers immediate cash flow with additional upside through below-market rents and continued rental growth. With its desirable unit mix, extensive upgrades, and long-term upside, 4609 Bond Street presents a compelling investment opportunity in one of Oakland's most established rental markets. The property is situated in Oakland’s Fruitvale neighborhood, just north of International Boulevard and minutes from Fruitvale BART, providing residents with convenient access to Downtown Oakland, San Francisco, and the greater Bay Area. The property benefits from immediate proximity to Foothill Boulevard, Interstate 580, and Interstate 880, allowing for excellent regional connectivity. Residents enjoy easy access to neighborhood restaurants, grocery stores, retail services, parks, and the vibrant Fruitvale commercial district, while nearby employment centers in Downtown Oakland, Jack London Square, Alameda, and San Francisco support strong rental demand. With continued public and private investment throughout East Oakland and excellent transportation options, the area remains an attractive location for renters seeking affordability and convenience.