9601 B St, Oakland

$1,450,000

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0.28

Acres

Listing Agent
Maurice Carbajal - GCM Realty & Loans

About 9601 B St

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.

Features of 9601 B St

MLS® # 41080346
Price $1,450,000
Bathrooms 0.00
Acres 0.28
Year Built 1902
Type Residential Income
Status Active

Community Information

Address 9601 B St
Subdivision ELMHURST
City Oakland
County Alameda
Zip Code 94603

Amenities

Parking Spaces 10
Is Waterfront No
Has Pool No

Interior

Heating Wall Furnace
Cooling None
Has Basement No
Fireplace No

Exterior

Exterior Stucco, Wood Siding
Roof Shingle
Construction Stucco, Wood Siding

Additional Information

Date Listed December 8th, 2024
Days on Market 66
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMaurice Carbajal
OfficeGCM Realty & Loans

Listing Map

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