Balanced Unit Mix: Efficient configuration of four (4) 2‑bed/1‑bath units and one (1) 3‑bed/2‑bath unit catering to diverse renter profiles.
Stabilized Income: 100% occupancy with a strong in‑place average rent of $1,579.68 per unit, yielding predictable cash flow.
Attractive Financial Profile: Delivers a 7.45% stabilized cap rate and a low 9.33 GRM, underscoring immediate yield potential.
Upside Opportunity: Below‑market rents present clear upside through strategic rent optimization and enhancements.
Walkable, Transit‑Accessible Neighborhood: Located in a walkable East Oakland submarket with multiple AC Transit bus lines and BART access within ±1.4 miles.
Proximity to Employment & Urban Nodes: Convenient access to East Bay transit corridors and major job centers, including downtown Oakland and regional employment hubs.
City and Regional Draws Within Commuting Distance: Approximately 10-13 minutes by car to major destinations like the Oakland Zoo, Oakland International Airport, and major regional attractions.
Turnkey Management Profile: High cash‑flowing, low‑intensity asset suited for investors targeting durable income and long‑term equity growth.
Photos
Location
Agents
Broker of Record
David Harrington
License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245