CA > Oakland
Oakland, CA 94618,5445 Broadway
Oakland, CA 94618,5445 Broadway
Oakland, CA 94618,5445 Broadway
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Joel Martinez

Joel Martinez

+1(831) 230-0059
Listed by Joseph Owens • Marcus & Millichap
$2,295,000
Est. payment /mo
3 Beds
2 Baths
4,344 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,344 sqft

Price per Sqft $528

MLS Listing ID EB41107823

Bedrooms 3

Year Built 1958

Lot Size 4,000 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

We are pleased to present 5445 Broadway, an 8 unit multifamily investment property located in the highly attractive Rockridge neighborhood of North Oakland. The property was built in 1958 and consists of 6 one bedroom units and 2 two bedroom units. Owner has completed many building improvements, reducing the potential capital expenses for the next owner. Building improvements include: polyurethane foam roof, earthquake retrofit, garage security gate, $100,000 in unit upgrades, replaced electrical boxes and deck / handrailing repairs to be complete by Close of Escrow. 5.87% Current Cap (6.59% Market Cap). 10.73 Current GRM (9.91 Market GRM).

Location

State CA

County Alameda

Area Oakland Zip Code 94618

Interior

Heating Gas, Wall Furnace

Cooling Other

Flooring Other

Laundry Washer, Dryer

Exterior

Exterior Feature Stucco, Wood Frame

Parking Features Enclosed

Garage Spaces 4344.0

Roof Type Polyurethane

Building

Lot Description Grade - Level

Sewer Sewer - Public

Water Public, Heater - Gas

Others

Tax ID 48A-703-814

Special Listing Condition New, Not Applicable

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agent

Joel Martinez

+1(831) 230-0059

Property Connection Specialist | License ID: 02338033

Property Connection Specialist License ID: 02338033

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