5445 Broadway - Apartments FOR SALE


Oakland, CA 94618- Rockridge
$2,630,000 USD
510-520-9988
5445 Broadway, Oakland, CA for Sale
$2,630,000 USD
Apartments - FOR SALE
1/12
null | 5% Cap Rate

5445 Broadway
Oakland, CA 94618
Rockridge


HIGHLIGHTS

  • Close to shops, coffee shop, restaurants, public transports
  • Broker's Tour April 10th from 10AM-11AM

OVERVIEW

Discover an exceptional investment opportunity in the heart of Rockridge with this charming 8-unit residential building. Ideally located close to the vibrant College Avenue. Built in 1958 , the 4344 square-foot building features a thoughtfully designed mix of units: six cozy 1-bedroom, 1-bath apartments and two generous 2-bedroom, 1-bath residence, also 4 units remodeled. Each unit offers its own distinct appeal, complemented by a secure entry system for added peace of mind and an on-site laundry facility for convenience. The property also includes a parking lot with 5 dedicated spaces and separate metering for gas and electric, ensuring comfort and autonomy for all residents. This property presents an excellent opportunity for investors seeking a steady income stream in a prime location, surrounded by shops and restaurants, a lively neighborhood atmosphere, and top-notch amenities. this property enjoys unparalleled access to Highway 24, Berkeley and Rockridge BART stations, as well as a dynamic mix of shops, restaurants, and cafes.

FOR SALE DETAILS

PRICE

$2,630,000 USD

PRICE/SF

$305 USD /SF

# OF UNITS

8

PRICE/UNIT

$328,750

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,999 SF

ZONING

-

APN/PARCEL ID

048A-7038-014-00

ASK ABOUT THIS PROPERTY

510-520-9988

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510-520-9988

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