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2825 High St, Oakland, CA 94619 2823-2827 High St 6 Unit Apartment Building $2,000,000 ($333,333/Unit) 5.87% Cap Rate Oakland, CA 94619
EXECUTIVE SUMMARY
Unique investment opportunity! This newly listed property features two houses on one lot, offering exceptional income potential. The front house is configured as a duplex, while the rear building includes four attached units, providing a total of six rentable spaces. The property offers ample off-street parking, a secured gated entrance, and plenty of room for future value-add improvements. With low operating expenses and strong upside for increased rental income, this is an ideal investment for both new and seasoned investors. Located directly on High Street along a major transit line, the property is just minutes from Highway 580, and within walking distance to local restaurants, shops, and everyday conveniences. Nestled between International Boulevard and MacArthur Boulevard, this central location offers easy access to all that Oakland has to offer.
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PROPERTY FACTS
| Price | $2,000,000 | Apartment Style | Low-Rise |
| Price Per Unit | $333,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.28 AC |
| Cap Rate | 5.87% | Building Size | 7,018 SF |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| No. Units | 6 | Year Built | 2004 |
| Property Type | Multifamily | Parking Ratio | 0.85/1,000 SF |
| Property Subtype | Apartment |
| Price | $2,000,000 |
| Price Per Unit | $333,333 |
| Sale Type | Investment |
| Cap Rate | 5.87% |
| Sale Condition | 1031 Exchange |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 7,018 SF |
| No. Stories | 1 |
| Year Built | 2004 |
| Parking Ratio | 0.85/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 032-2057-013-00 | Improvements Assessment | $1,027,459 |
| Land Assessment | $310,212 | Total Assessment | $1,337,671 |
PROPERTY TAXES
Parcel Number
032-2057-013-00
Land Assessment
$310,212
Improvements Assessment
$1,027,459
Total Assessment
$1,337,671
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2825 High St, Oakland, CA 94619 | 2823-2827 High St
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