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Listed by Joseph Owens • Marcus & Millichap
$2,295,000
Est. payment /mo
3 Beds
2 Baths
4,344 SqFt
New
5445 Broadway Oakland, CA 94618
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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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