9716 Mountain Blvd, Oakland, CA 94605

9716 Mountain Blvd is a four-unit multifamily property consisting of all two-bedroom, one-bathroom units, each approximately 800 SF, offering a highly desirable and easy-to-lease unit mix. Ownership has completed recent interior upgrades across all units, including new flooring, updated kitchen cabinets and countertops, and new windows, reducing near-term capital expenditures and enhancing tenant appeal.

The property is currently 75% occupied, with three units generating in-place income and one vacant unit projected at market rent, resulting in a total gross income of approximately $123,540 based on current and pro forma rents. Tenants pay for their own PG&E and water, while ownership is responsible for the trash removal. Located in Oakland’s Sequoyah neighborhood within the 94605 Zip Code, the property benefits from a primarily residential setting with access to local amenities, parks, and transportation, supporting consistent rental demand. The combination of recent renovations, a vacant unit ready for lease-up, and strong income fundamentals presents an attractive opportunity for investors seeking stabilized cash flow with immediate upside potential.

Additional upside can be realized from the ADU potential in the back of the property. RM-4 Zoning allows for Accessory Dwelling Units on this 6,450 SF lot.