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21415152
21415153

1108 Chestnut St, Oakland, CA 94607

Century 21 Real Estate Alliance San Carlos
Listed by Century 21 Real Estate Alliance San Carlos
$1,150,000
492 days on market
Updated 116 days ago
Opportunity zone

1108 Chestnut St Oakland, CA

Details
APN 4-15-24
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,320
Units 6
Cap Rate 6.40%
NOI $76,926
Year Built 1965
Buildings 1
Stories 2

Multifamily | 6 Units | $191,667/unit

Marketing description

1108 Chestnut Street in Oakland, California, is a two-story multifamily residential building originally constructed in 1965. The property comprises six studio units, all of which are well-maintained and in good condition. In January 2025, a brand-new roof was installed, accompanied by a 10-year labor and material warranty, ensuring durability and minimizing future maintenance concerns.

A standout feature of the property is the large gated parking lot, offering secure and ample parking for tenants and guests. The building spans approximately 2,320 square feet and sits on a 6,498 square-foot lot. Its convenient location provides easy access to public transportation, including BART, downtown Oakland, and highways 880 and 980. This property exemplifies accessible, secure, and comfortable urban living.

A standout feature of the property is the large gated parking lot, offering secure and ample parking for tenants and guests. The building spans approximately 2,320 square feet and sits on a 6,498 square-foot lot. Its convenient location provides easy access to public transportation, including BART, downtown Oakland, and highways 880 and 980. This property is a prime example of accessible, secure, and comfortable urban living.

Investment highlights

Two-story multifamily residential building with six studio units.

Brand-new roof was installed January 2025. 10-year labor and material warranty

Water, Electric, Gas are separately metered

Well-maintained units in good condition.

Large gated parking lot for secure and ample parking.

Approximately 2,320 square feet of building space on a 6,498 square-foot lot.

Conveniently located near BART, downtown Oakland, and highways 880 and 980.

Attractive, secure, and comfortable urban living environment.

Listing Contacts

Century 21 Real Estate Alliance San Carlos
Listed by Century 21 Real Estate Alliance San Carlos

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$76,926.00
$6,410.50/mo

Valuation Metrics

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DSCR
6.69%
Cap Rate
6.69%
ROI

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