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29026111
29026112

5400 Princeton St, Oakland, CA 94601

MB
CA CA 02078316
MKD Group
Listed by MKD Group
$550,000
163 days on market
Updated 31 days ago

4 Unit in Oakland

Details
APN 35-2392-17
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,718
Net Rentable (SqFt) 3,718
Units 4
Cap Rate 7.00%
Occupancy 75%
Price per SqFt $148
Class C
Year Built 1935
Buildings 2
Stories 2
Lot Size (SqFt) 6,000
Investment Type Value Add

Value-Add 4 Unit in Oakland

Marketing description

Discover an exceptional value-add opportunity at 5400 Princeton Street, a rare four-unit property situated on a desirable corner lot in Oakland. The property features two separate duplexes, each offering 2-bed/1-bath floor plans, which is an ideal setup for both steady cash flow and long-term appreciation.

One unit has been fully remodeled, featuring new flooring, a modern kitchen, and fresh interior paint. This turnkey unit is currently vacant, presenting immediate upside through market-rate leasing. Both buildings also benefit from new exterior paint, giving the property a refreshed curb appeal.

Three units are occupied by long-term tenants on verbal month-to-month agreements, all paying below-market rents, providing substantial room for income

Investment highlights

Listing Contacts

MB
CA CA 02078316
MKD Group
Listed by MKD Group

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Additional Information

Name
Marco Barretto
License
CA 02078316
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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