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Listed by: Jatin Mehta (510) 878-6800 DRE #02045713 | Kite Hill Real Estate (855) 450-0442
$850,000
-- Bed
- -- Bath
--sqft
9833 Walnut St, Oakland, CA 94603
$850,000
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Multi Family
Built in 1963
$-- HOA
7,500 sqft lot
--/sqft
Description
To access the marketing package copy/paste: https://bit.ly/kitehillre Introducing 9833 Walnut Street, a high-yield multifamily investment offering exceptional in-place cash flow with substantial value-add potential. Built in 1963, the property features an outstanding unit mix of (3) one-bedroom/one-bath units, (2) two-bedroom/one-bath units, and (1) three-bedroom/two-bath unit—a diverse mix that appeals to a broad tenant base and supports long-term occupancy. The asset generates nearly $105,000 in annual gross income and is offered at just over an 8.0 GRM, over a 7.0% cap rate, approximately $220 per square foot, and $170,000 per unit. With strong in-place cash flow and...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1963
HOA Fees
-
Finished Area
- sqft
Lot Size
7,500 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
41144574
MLS Status
Active
Days on Market
12
Cumulative Days on Market
7
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