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1089 Stanford Ave
Emeryville, CA 94608
Fourplex in NOBE District · Multifamily Property For Sale
·
4 Units
Investment Highlights
- Four spacious 1bed/1bath units, each with private deck and wall furnace
- Separate electric and gas meters for each unit, simplifying utility management
- Well-located four-unit multifamily property in the highly desirable NOBE (North Oakland, Berkeley, Emeryville) neighborhood
- A fenced yard offering enhanced privacy and security
- Three units have been remodeled, providing immediate rental upside, while the remaining unit offers a value-add opportunity for investors
- Situated in a thriving and walkable area, the property offers unparalleled access to top-tier amenities
Executive Summary
EXCEPTIONAL FOUR UNIT INVESTMENT OPPORTUNITY IN PRIME NOBE NEIGHBORHOOD IN OAKLAND, CA
The Ivy Group is proud to present an outstanding opportunity to acquire a well-located four-unit multifamily property in the highly desirable NOBE (North Oakland,
Berkeley, Emeryville) neighborhood of Oakland, California.
Situated in a thriving and walkable area, the property offers unparalleled access to top-tier amenities, including premier shopping, acclaimed dining, major transportation
corridors, and excellent schools...making it a prime location for both tenants and investors.
THIS TWO-STORY BUILDING FEATURES:
• Four spacious 1bed/1bath units, each with private deck and wall furnace
• A fenced yard offering enhanced privacy and security
• Separate electric and gas meters for each unit, simplifying utility management
• Three units have been tastefully remodeled, providing immediate rental upside, while the remaining unit offers a value-add opportunity for investors seeking to maximize returns by bringing rents to market rate.
• Unit D: all appliances replaced
• Built in 1924, remodeled in 2018
Whether you’re completing a 1031 Exchange or looking to expand your portfolio with a strong performing asset, this property offers a rare blend of stability, location,
and future appreciation in one of the Bay Area’s most dynamic multifamily markets.
Take advantage of this opportunity to own a prime asset in one of Oakland’s most sought-after neighborhoods.
The Ivy Group is proud to present an outstanding opportunity to acquire a well-located four-unit multifamily property in the highly desirable NOBE (North Oakland,
Berkeley, Emeryville) neighborhood of Oakland, California.
Situated in a thriving and walkable area, the property offers unparalleled access to top-tier amenities, including premier shopping, acclaimed dining, major transportation
corridors, and excellent schools...making it a prime location for both tenants and investors.
THIS TWO-STORY BUILDING FEATURES:
• Four spacious 1bed/1bath units, each with private deck and wall furnace
• A fenced yard offering enhanced privacy and security
• Separate electric and gas meters for each unit, simplifying utility management
• Three units have been tastefully remodeled, providing immediate rental upside, while the remaining unit offers a value-add opportunity for investors seeking to maximize returns by bringing rents to market rate.
• Unit D: all appliances replaced
• Built in 1924, remodeled in 2018
Whether you’re completing a 1031 Exchange or looking to expand your portfolio with a strong performing asset, this property offers a rare blend of stability, location,
and future appreciation in one of the Bay Area’s most dynamic multifamily markets.
Take advantage of this opportunity to own a prime asset in one of Oakland’s most sought-after neighborhoods.
Property Facts
Amenities
Unit Amenities
- Storage Space
- Heating
- Kitchen
- Deck
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
Property Taxes
| Parcel Number | 015-1305-020-04 | Improvements Assessment | $716,023 |
| Land Assessment | $306,867 | Total Assessment | $1,022,890 |
Property Taxes
Parcel Number
015-1305-020-04
Land Assessment
$306,867
Improvements Assessment
$716,023
Total Assessment
$1,022,890
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