5470 Camden, Oakland, CA 94619
5470 Camden, Oakland, CA 94619
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Listed by Matthew Rulloda, DRE #02043118 • BHHS Drysdale Properties
$3,375,000
Est. payment /mo
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7,450 SqFt
Active

5470 Camden Oakland, CA 94619

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Adrian Chu

Adrian Chu

+1(206) 407-5452

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Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,450 sqft

Price per Sqft $453

MLS Listing ID EB41077995

Year Built 1958

Lot Size 6,958 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

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.

Location

State CA

County Alameda

Area Other Area

Interior

Cooling Other

Flooring Other

Exterior

Exterior Feature Other

Garage Spaces 11.0

Roof Type Other

Building

Sewer Sewer - Public

Others

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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Adrian Chu

Adrian Chu

Founder & CEO

+1(206) 407-5452

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5470 Camden