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4121 Opal St 10 Unit Apartment Building $1,995,000 ($199,500/Unit) Oakland, CA 94609
Executive Summary
Marcus & Millichap is pleased to present 4121 Opal Street, a 10-unit apartment building ideally located in Oakland's highly desirable Temescal neighborhood, one of the East Bay's most vibrant and walkable districts. Offered at an attractive $208,000 per unit with nearly a 6% cap rate, the property presents a compelling investment opportunity with significant upside through cosmetic improvements. The asset benefits from exceptional walkability and immediate access to the shopping, dining, and entertainment along Telegraph Avenue, Broadway, and Piedmont Avenue, placing tenants in the center of one of Oaklands most dynamic urban corridors.
Property Facts
| Price | $1,995,000 | Building Class | C |
| Price Per Unit | $199,500 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 8,570 SF |
| No. Units | 10 | Average Occupancy | 96% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1962 |
| Apartment Style | Low-Rise | ||
| Zoning | R35, Oakland | ||
| Price | $1,995,000 |
| Price Per Unit | $199,500 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 8,570 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1962 |
| Zoning | R35, Oakland |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 012-1006-015-00 | Improvements Assessment | $1,326,000 |
| Land Assessment | $540,600 | Total Assessment | $1,866,600 |
Property Taxes
Parcel Number
012-1006-015-00
Land Assessment
$540,600
Improvements Assessment
$1,326,000
Total Assessment
$1,866,600
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4121 Opal St
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