Property Description

This 10,150 SF multifamily property, built in 1957, presents a lucrative opportunity for investors seeking solid returns. Featuring 15 units—10 1-bedroom, 1-bathroom units, 3 studios, and 2 2-bedroom, 1-bathroom units—the property provides a well balanced unit mix that appeals to a broad tenant base. Zoned R50 also offers flexibility for future development or expansion, enhancing its long-term value. Located in a highly desirable Oakland area, this asset is strategically positioned less than 5 minutes from Northeastern University and Mills College, with easy access to Highways 580 and 880. Its close proximity to Oakland International Airport and other key amenities further increases tenant demand, making it a strong rental market performer. The property is separately metered for PG&E utilities, features on-site parking, and has undergone a full seismic retrofit, ensuring modern infrastructure and reduced future capital expenditures. With potential for rent growth through tenant turnover, the property offers significant upside for value-add investors. This multifamily property combines immediate cash flow potential with strong prospects for future appreciation, making it a prime investment in Oakland’s growing real estate market.

Features
: Other
: Other
: Other
: Corner Lot
: Covered
: Other
Address Map
CA
Alameda
Oakland
94619
5470 Camden
0
W123° 48' 42''
N37° 46' 41.3''
Macarthur Blvd. and Camden St.
MLS Addon
BHHS Drysdale Properties
Matthew Rulloda
mrulloda.re@gmail.com
: Other
R02043118
OBBDRY 02
: Other

Commercial Sale For Sale

5470 Camden, Oakland, California 94619

7,450 Sqft
$3,500,000
Listing ID #41077995
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 41077995
Price : $3,500,000
Square Footage : 7,450 Sqft
Year Built : 1958
Lot Area : 6,958 Sqft
Status : Active
Property SubType : Lowrise (1-3 Flrs)
Agent info
Michael Roberts
Contact Agent