4121 Opal Street, Oakland, CA 94609

$1,898,000

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List Price
$1,898,000
Price Change
▼ $97,000 1786563775
Status
ACTIVE
MLS#
ML82038521
Year Built
1962
Lot Size
7,600
Acres
0.17
Days on Market
200
Property Type
Commercial

Property Description

Marcus & Millichap is pleased to present 4121 Opal Street, a 10-unit apartment building ideally located in Oakland's highly desirable Temescal neighborhood, one of the East Bay's most vibrant and walkable districts. Offered at an attractive $189k per unit with a true 6.50% CAP, the property presents a compelling investment opportunity with significant upside through cosmetic improvements. The asset benefits from exceptional walkability and immediate access to the shopping, dining, and entertainment along Telegraph Avenue, Broadway, and Piedmont Avenue, placing tenants in the center of one of Oaklands most dynamic urban corridors.

Additional Information

Taxes
$26,580
Heat
Electric
Cooling
Yes
Cooling Description
None
Water
Public
School District
Other
Attached Structure
Detached
Number Of Units Total
10
Gross Scheduled Income
$206,637

Listing courtesy of Listing Agent: Eymon Binesh (ebinesh@marcusmillichap.com) from Listing Office: Marcus & Millichap.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.