Listed by Marcus & Millichap - Palo Alto, Marcus & Millichap - San Francisco
$1,995,000
4121 Opal Street, Oakland
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,904
Units 10
Cap Rate 6.15%
Pro-Forma Cap Rate 9.65%
Price per SqFt $338
Year Built 1962
Multifamily | 10 Units | $199,500/unit
Marketing description
BCG Multifamily of Marcus & Millichap is pleased to present 4121 Opal Street, a 10-unit apartment building ideally located in Oakland's highly desirable Temescal neighborhood, one of the East Bay's most vibrant and walkable districts. Offered at an attractive $199,500 per unit with nearly a 6.15% cap rate, the property presents a compelling investment opportunity with significant upside through cosmetic improvements. The asset benefits from exceptional walkability and immediate access to the shopping, dining, and entertainment along Telegraph Avenue, Broadway, and Piedmont Avenue, placing tenants in the center of one of Oaklands most dynamic urban corridors.
Listing Contacts
Listed by Marcus & Millichap - Palo Alto, Marcus & Millichap - San Francisco
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