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548 105th Ave, Oakland, CA, 94603

548 105th Ave

$2,850,000

Key Information

Cap Rate
7.95%
$ per SF
$272
Tot. SF
10,478
Units
14
Type
Apartments
NOI
$226,693

Highlights

• Turnkey Single-Story Layout: Expansive garden-style apartment featuring an all-ground-floor layout with an optimal unit mix of 1, 2, 3, and 4-bedroom floor plans.
• 100% Occupancy: Fully leased, generating immediate and stable cash flow from day one.
• Comprehensive Main Utility Infrastructure: Brand-new property-wide copper main water lines connecting directly from the EBMUD meter to each individual unit. Upgraded with unit-specific OBSERVATIONAL sub-meters and dedicated shutoff valves for proactive leak detection and streamlined utility management.
• Significant Capital Improvements: Features a complete roof replacement (2022), comprehensive drain, water, and vent line updates in Unit 4, and modern gas line replacements serving Units 3, 4, 5, and 12.
• Abundant Resident Parking: Offers ample on-site parking, a highly coveted amenity that enhances tenant retention and property value.
• Exceptional Regional & Local Connectivity: Seamless commuter access via I-880. Residents enjoy swift transit access via the San Leandro BART Station (approx. 5-minute drive / 1.6 miles), Coliseum BART/Amtrak Station, and direct AC Transit routes servicing the East Bay.
• Strategic Employment Hub Proximity: Positioned less than 10 minutes from Oakland International Airport (OAK) and Kaiser Permanente San Leandro Medical Center. The property sits in a prime commute corridor for high-volume airport, logistics, and healthcare workforces seeking accessible housing.

Photos

Location

Agents

Broker of Record

David Harrington

License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245