5470 Camden St - Apartments FOR SALE


Oakland, CA 94619
$3,375,000 USD
510-988-0402
5470 Camden St, Oakland, CA for Sale
$3,375,000 USD
Apartments - FOR SALE
1/21
null | 6% Cap Rate

5470 Camden St
Oakland, CA 94619


HIGHLIGHTS

  • The property offers an attractive combination of 10 1-bedroom, 1-bathroom units, 3 studio apartments, and 2 2- bedroom, 1-bathroom units.
  • Located less than a 5-minute drive to both Northeastern University and Mills College, ideal for students and faculty.
  • Each unit is separately metered for PG&E utilities, offering ease of management & the property has undergone a complete retrofit
  • The property has been freshly painted and updated with double-pane windows
  • Conveniently located near Highway 580 and 880 and the Oakland International Airport is just a 10 minute drive appealing to professionals and travelers
  • Ample parking available, enhancing tenant convenience in a city with limited parking options.

OVERVIEW

***Showings: Thursday 12/5 (12 - 1 PM) & Saturday 12/7 (12 - 1 PM)*** 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.

FOR SALE DETAILS

PRICE

$3,375,000 USD

PRICE/SF

$333 USD /SF

# OF UNITS

15

PRICE/UNIT

$225,000

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Showings: 12/5 (12-1 PM) & 12/7 (12-1 PM)

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R50, Oakland

APN/PARCEL ID

036-2503-137-00

ASK ABOUT THIS PROPERTY

Matthew RullodaBerkshire Hathaway|Drysdale Properties Home SvcMore Info
510-988-0402

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Matthew RullodaBerkshire Hathaway|Drysdale Properties Home SvcMore Info
510-988-0402

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.