Active

9601 B St

Oakland CA, 94603

$1,450,000


$229.43 per sqft

Active

6,320 sqft

Commercial

Built in 1902

GCM Realty Commercial is pleased to present 9601 B Street Oakland, an six-unit property in Oakland's Elmhurst neighborhood. This property features four 2bedroom/1bath units with an enclosed garage and laundry hook ups. These units are not subject to rent control. There is also a duplex on the property that consists o an upstairs unit with 4 bedrooms and 1 bath, also with laundry hook ups and finally a downstairs unit with 4 bedrooms and 1 bath and laundry hook ups. These 2 units are subject to rent control. 2:1 off-street parking and ample storage. Its location near the 98th Street interchange to highway 80 makes it an attractive option for commuters. The current rental rates, approximately 30% below market, reveal a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. This property is ideal for both new investors that want to maximize passive income and gain equity through property upgrades. Current GRM 10.24; Current CAP7.1%; Email agent on property website for more info.

41080346

MLS ID

December 8, 2024

Listed

January 10, 2025

Updated

Map

9601 B St
Oakland CA, 94603

Interior Features

Floor Description

Hardwood, Laminate, Tile, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.28 Acres


Lot Features

Regular


Roof

Composition Shingles


Sewer

Public Sewer

Other Property Details

Area Name

Oakland


Garage

Yes


Parking

Attached, Parking Lot, Space Per Unit - 2, Uncovered Park Spaces 2


View

No


County

Alameda


Pool

No

Listed by Maurice Carbajal with GCM Realty & Loans
Listing Contact: 510-387-7954 

Bay East  ©2025 CCAR  ©2025. bridgeMLS  ©2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 11:01 PM UTC, 1/10/2025.

Powered byLuxury Presence