CA > Oakland
Oakland, CA 94619,5470 Camden
See all 2 photos
Oakland, CA 94619,5470 Camden
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Rick Lee

Rick Lee

+1(714) 943-1598
$ 3,500,000
Est. payment /mo
Save
New

5470 Camden Oakland, CA 94619

6,956 Sqft Lot

UPDATED:

11/01/2024 08:20 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41077995

HOA Y/N No

Year Built 1958

Lot Size 6,956 Sqft

Property Description

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.

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Exterior

Total Parking Spaces 11

Building

Lot Description Corner Lot

Others

Tax ID 362503137

California Regional MLS (CRMLS)
Listed by Matthew Rulloda • BHHS Drysdale Properties

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

5470 Camden

QUICK SEARCH