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Listed by Ted Chen • Redfin • 408-316-5571
$1,188,000
Est. payment /mo
3,878 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Lowrise (1-3 Flrs)
Listing Status Active
Purchase Type For Sale
Square Footage 3,878 sqft
Price per Sqft $306
Subdivision Highland
MLS Listing ID 41117934
HOA Y/N No
Year Built 1951
Lot Size 5,800 Sqft
Property Sub-Type Lowrise (1-3 Flrs)
Source BAY EAST
Property Description
8811 A Street is a fully remodeled and fully upgraded gated apartment 5-unit property—an exceptional turnkey investment in Oakland offering strong, stable cash flow with minimal long-term maintenance. All five units are 2-bedroom/1-bath and have been completely renovated with new flooring, updated lighting, new kitchen cabinets, fresh interior/exterior paint, and upgraded electrical breakers. Major capital improvements include a new roof, new electrical panels, and additional system upgrades designed to reduce future expenses. This stabilized asset generates $11,101/month in gross income with near-market rents. Each unit is individually metered, and tenants pay for water, electricity, and gas, providing lower operating costs and predictable NOI. Located near I-880, Coliseum BART, Oakland Airport, and major employment centers, this turnkey gated apartment 5-plex offers a rare combination of high income, strong demand, and low maintenance—ideal for both new and seasoned investors seeking a reliable Oakland multifamily opportunity.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Flooring Vinyl, Carpet
Fireplace No
Window Features Window Coverings
Appliance Built-In Range, Refrigerator
Laundry No Hookups
Building
Lot Description Level
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613