8811 A St Oakland, CA 94621
Other
MLS #: 41118907
Courtesy Of Redfin Corporation
Property InformationDescription
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 recess lighting, new kitchen cabinets, fresh interior/exterior paint, and upgraded electrical breakers. Major capital improvements include a new roof, New and upgraded Electrical Breaker replacement and wall heater for each unit, 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.
Features
- Age: Over 50 Years Old
- Amenities: Garden
- Appliance: Refrigerator
- Appliance: Range
- Architecture Style: Other
- Floor Covering: Vinyl
- Floor Covering: Carpet
- Heating System: Wall Furnace
- MLSID: 41118907
- Roof Type: Tar/Gravel
MAP & DIRECTIONS
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