37-Unit Multifamily | 9.6% Cap | 95% OCC | No Rent Control For Sale

530 24th Street presents a compelling opportunity to acquire a stabilized, high-yield multifamily asset in Oakland, California. The 37-unit property is 95% occupied, operates at a 9.6% in-place cap rate, and is not subject to local rent control, allowing for greater operational flexibility and future income growth.

The property features a diversified unit mix with strong in-place cash flow and limited near-term vacancy risk. Its urban infill location near Downtown Oakland, Uptown, and major transit corridors provides convenient access to employment centers, retail, dining, and public transportation.

Oakland continues to trade at a meaningful discount to San Francisco while benefiting from long-term housing undersupply. The absence of rent control distinguishes this asset within the Oakland market, making it well-suited for investors seeking immediate yield, management flexibility, and long-term appreciation potential.