This 10,150 SF multifamily property, built in 1957, presents a lucrative opportunity for investors seeking solid returns. Featuring 15 units—10 1-bedroom, 1-bathroom units, 3 studios, and 2 2-bedroom, 1-bathroom units—the property provides a well balanced unit mix that appeals to a broad tenant base. Zoned R50 also offers flexibility for future development or expansion, enhancing its long-term value. Located in a highly desirable Oakland area, this asset is strategically positioned less than 5 minutes from Northeastern University and Mills College, with easy access to Highways 580 and 880. Its close proximity to Oakland International Airport and other key amenities further increases tenant demand, making it a strong rental market performer. The property is separately metered for PG&'E utilities, features on-site parking, and has undergone a full seismic retrofit, ensuring modern infrastructure and reduced future capital expenditures. With potential for rent growth through tenant turnover, the property offers significant upside for value-add investors. This multifamily property combines immediate cash flow potential with strong prospects for future appreciation, making it a prime investment in Oakland''s growing real estate market.
Property Details
Price:
$3,250,000
MLS #:
41077995
Status:
Active
Baths:
0
Address:
5470 Camden
Type:
Residential Income
City:
Oakland
Listed Date:
Nov 1, 2024
State:
CA
ZIP:
94619
Lot Size:
6,958 sqft / 0.16 acres (approx)
Year Built:
1958
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
See Remarks
Heating
See Remarks
Exterior
Lot Features
Corner Lot
Parking Spots
11.00
Financial
Association Fee
0.00
Map
Community
- Address5470 Camden Oakland CA
- CityOakland
- CountyAlameda
- Zip Code94619
Similar Listings Nearby
- 185 Belleview Dr
San Leandro, CA$3,995,000
3.40 miles away
- 410 Fairmount Ave
Oakland, CA$3,650,000
4.65 miles away
- 2060 San Antonio Ave
Alameda, CA$3,495,000
3.61 miles away
- 2501 7th Avenue
Oakland, CA$3,250,000
3.37 miles away
- 2451 Seminary Ave
Oakland, CA$2,749,500
0.57 miles away
- 1301 High Street
Alameda, CA$2,700,000
2.92 miles away
- 1357 Pearl St
Alameda, CA$2,590,000
2.98 miles away
- 1337 Pearl St
Alameda, CA$2,499,000
3.02 miles away
- 1335 Pearl St
Alameda, CA$2,490,000
3.01 miles away
![broker reciprocity](https://img.roveridx.com/Controls/_br/BR_CRMLS.png)
5470 Camden
Oakland, CA
LIGHTBOX-IMAGES