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9235 Holly St, Oakland, CA, 94603

9235 Holly St
$885,000

Key Information

Cap Rate
7.45%
Tot. SF
3,900
$ per unit
$177,000
Units
5
Year Built
1966
Type
Apartments

Highlights

  • 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, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245