GCM Realty Commercial is pleased to present 9601 B Street Oakland, an six-unit property in Oakland’s Elmhurst neighborhood. This property features four 2bedroom/1bath units with an enclosed garage and laundry hook ups. These units are not subject to rent control. There is also a duplex on the property that consists o an upstairs unit with 4 bedrooms and 1 bath, also with laundry hook ups and finally a downstairs unit with 4 bedrooms and 1 bath and laundry hook ups. These 2 units are subject to rent control. 2:1 off-street parking and ample storage. Its location near the 98th Street interchange to highway 80 makes it an attractive option for commuters. The current rental rates, approximately 30% below market, reveal a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. This property is ideal for both new investors that want to maximize passive income and gain equity through property upgrades. Current GRM 10.24; Current CAP7.1%; Email agent on property website for more info.
Property Details
Price:
$1,450,000
MLS #:
41080346
Status:
Active
Baths:
0
Address:
9601 B St
Type:
Residential Income
Subdivision:
ELMHURST
City:
Oakland
Listed Date:
Dec 8, 2024
State:
CA
ZIP:
94603
Lot Size:
12,000 sqft / 0.28 acres (approx)
Year Built:
1902
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Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Parking Spots
10.00
Roof
Shingle
Financial
Association Fee
0.00
Tenant Pays
Gas
Map
Community
- Address9601 B St Oakland CA
- SubdivisionELMHURST
- CityOakland
- CountyAlameda
- Zip Code94603
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Courtesy of GCM Realty & Loans. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
9601 B St
Oakland, CA
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