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Multifamily Apartment Building - FOR SALE!

$1,395,000

1430 45th Avenue, Oakland, CA 94601

Active
Last Updated: 09/17/2025

7.27

Cap Rate

101,482

NOI

Details:
Cap Rate:    7.27%
NOI:    $101,482
Building Size:    6,812 sqft
Lot Area:    14,450 sqft
Units:    10
GRM:    9.43
Year Built:    1935 / 1941
Price Per Sqft:    $205
Price Per Unit:    $139,500
Zoning:    R-70
Highlights:
  • Centrally located in the heart of Oakland
  • 9 onsite parking spaces + storage
  • 10 residential units on 2 parcels, 1 delivered vacant
  • Stabilized asset
  • Potential upside in unit and common area upgrades
  • Renovation Opportunity
Description:

1430-1436 45th Avenue sits on two parcels and is improved with 3 buildings. One parcel includes a triplex and detached residence, while the adjacent parcel is improved with a six-unit building. The property has only one vacancy and the majority of the units collecting market-rate rents. All units are individually metered for PG&E. There are 9 off street parking spaces. Tenants have easy access to the I-880 and the Fruitvale Bart station.

Map:
Documents:
Title
Offering Memorandum
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Location
Gallery