5470 Camden
Oakland, CA 94619
- – beds
- – baths
- – sqft
- 6,958 sqft lot
- 1958 build
- – on site
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.
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Last updated Nov 20, 2024
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MLS# 41077995 —
The Building
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Year Built:1958
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Construction Materials:See Remarks
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Total Number Of Units:15
Location
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Directions:Macarthur Blvd. and Camden St. Cross Street: Macarthur Blvd..
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Latitude:37.77813300
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Longitude:-122.18830100
The Property
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Property Type:Residential Income
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Lot Features:Corner Lot
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Lot Size Area:6958.0000
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Lot Size Acres:0.1597
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Lot Size SqFt:6958.00
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:NA
The Listing
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Parcel Number:362503137
Heating & Cooling
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Heating:1
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Heating:See Remarks
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Cooling:Yes
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Cooling:See Remarks
Parking
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Parking Spaces:11.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/20/24
Nov 20, 2024
|
Price Changed | CRMLS_CA | $3,375,000 | -3.6% |
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11/1/24
Nov 1, 2024
|
Listed / Active | CRMLS_CA | $3,500,000 |
