request_info_guest false

548 105th Avenue

$3,199,000

548 105th Avenue, Oakland, CA 94603

Active
Last Updated: 03/04/2025

6

Cap Rate

191,826

NOI

Details:
Cap Rate:    6%
NOI:    $191,826
Pro Forma Cap Rate :    9.5%
Building Size:    10,478 sqft
Lot Area:    36,860 sqft
Units:    13
GRM:    10.53
Year Built:    1958
Price Per Sqft:    $305
Price Per Unit:    $246,077
Floors:    1
Parking Spots:    26
Highlights:
  • Attractive Income with Upside Potential
  • Roof Replaced ~10 Years Ago
  • ~2 Miles From The San Leandro BART Station
  • High-Demand Rental Market
  • Potential To Add Another Unit For Additional Income
  • Large Lot For Development Possibilities
  • ~3 Miles From Oakland International Airport (OAK)
  • Strong Tenant Base Oakland’s Job Market and Transit Access Sustain Rental Demand
  • Transit Orientation | I-880, I-580, I-80, SR-92
Description:

Yellowstone Investments has been selected to exclusively market for sale 548 105th Ave, a 13-unit multifamily investment opportunity in Oakland, California. This property consists of four single-story buildings totaling 10,478 square feet and includes 11 conforming residential units and 2 non-conforming units. The unit mix comprises six 4-bedroom/2-bath units, one 3-bedroom/2-bath unit, three 2-bedroom/1-bath units, and three 1-bedroom/1-bath units. With approximately 26 on-site parking spaces, the property offers convenience for residents—an added value in this high-demand rental market. Additionally, the roof has been replaced within the past 10 years, reducing near-term maintenance costs.

Currently generating attractive income, the property offers significant upside potential in rental revenue. There is also a possibility to add an additional 1-bedroom/1-bath unit for increased income. Situated on a large lot, the property presents future development opportunities, making it an even more compelling investment.

Positioned in a well-connected Oakland neighborhood, the property benefits from strong tenant demand and proximity to major employment centers. Oakland’s robust economy, excellent transportation infrastructure—including BART, major highways, and Oakland International Airport (OAK)—and its appeal as an affordable alternative to San Francisco make it an ideal location for multifamily investment.

Oakland continues to experience high rental demand driven by job growth, population trends, and a vibrant cultural scene. This offering presents a rare opportunity for investors to acquire a stable, income- generating asset with significant long-term appreciation potential in one of the Bay Area’s most dynamic markets.

Map:
Location
Gallery