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Listed by Joey Wang, DRE #01890931 • Keller Williams Realty
$ 950,000
Est. payment /mo
New
3601 West St Oakland, CA 94608
7 Beds
4 Baths
3,603 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,603 sqft
Price per Sqft $263
MLS Listing ID EB41135549
Bedrooms 7
Year Built 1965
Lot Size 3,348 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
3601 West Street delivers a fully-occupied five-unit apartment building at the signalized corner of 36th and West Street, three blocks from MacArthur BART. Priced at $950,000 - $190,000 per unit and $264 per square foot - the property generates $124,296 in current annual income at a 7.8% in-place cap rate. Four of five units are backed by Section 8 HAP contracts. Unit mix: one 1BR and four 2BR units, 3,603 SF total. Five assigned parking spaces include two garages and three covered carports, all included in rents. Move-in dates span 2004 to 2021 - proven retention, low turnover. Recent capital investment of $25,000+ across 2024-2025. Built for 1031 trade-ups and income-focused private investors targeting stabilized Bay Area multifamily. Don't miss this one.
Location
State CA
County Alameda
Area Oakland Zip Code 94608
Zoning RM-2
Interior
Heating Gas, Wall Furnace
Cooling None
Flooring Tile, Carpet - Wall to Wall, Hardwood
Exterior
Exterior Feature Stucco, Siding - Wood
Parking Features Parking Area
Garage Spaces 5.0
Building
Water Heater - Gas
Others
Tax ID 12-948-5-3
Special Listing Condition New, Not Applicable

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