Listing Courtesy Of:
BHHS Drysdale Properties, Matthew Rulloda
Local Realty Services Provided By:
KW Advisors
Overview
What It'll Cost
Neighborhood
Similar Homes
$3,250,000
5470 Camden, Oakland, CA 94619
7,450
sq ft
6,958
ac
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$3,250,000
5470 Camden, Oakland, CA 94619
Estimation provided by Keller Williams Realty Inc.
7,450
sq ft
6,958
ac
Active
For Sale
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
Assessed Value is a combination of the land and additions.
2023
$21,397
(+26.35%)
$705,951
Land 211,785 +
Additions 494,166
2021
$16,935
(+13.78%)
$692,110
Land 207,633 +
Additions 484,477
2019
$14,884
(+2.48%)
$671,585
Land 201,475 +
Additions 470,110
2018
$14,523
(+11.52%)
$658,420
Land 197,526 +
Additions 460,894
2016
$13,023
$632,858
Land 189,857 +
Additions 443,001
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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