Property Details
About this Property
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.
MLS Listing Information
MLS #
CC41080346
MLS Source
Contra Costa Association of Realtors
Days on Site
10
Interior Features
Flooring
Carpet - Wall to Wall, Hardwood, Laminate, Tile
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Attached Garage, Parking Area, Spaces per Unit - >1, Garage: Car(s)
Sewer
Public Sewer
Complex Amenities
None
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | – |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 1,200 | 4 | 0/0 | $1,800 | – | – |
| 2 | 1,200 | 4 | 0/0 | $2,000 | – | – |
| 3 | 900 | 2 | 0/0 | $2,000 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
9601 B St is a Residential Income in Oakland, CA 94603. This 6,320 square foot property sits on a 0.28 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,450,000 and was built in 1902. This address can also be written as 9601 B St, Oakland, CA 94603.
©2024 Contra Costa Association of Realtors. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Contra Costa Association of Realtors.
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This listing information is up-to-date as of December 15, 2024. For the most current information, please contact Maurice Carbajal, (510) 387-7954
