Shattuck Court Apartments 6563 Shattuck Ave 8 Unit Apartment Building $1,420,000 ($177,500/Unit) 6.04% Cap Rate Oakland, CA 94609

We are pleased to present the Shattuck Court Apartments, a pride-of-ownership 8-unit multifamily property located in the desirable North Oakland
submarket. Built in 1959, this well-maintained motel-style building features eight 1-bedroom, 1-bathroom units, each updated within the past
decade. The property offers 3,432 square feet of rentable space on a 5,250 square foot lot, making it a manageable and efficient investment.
Recent capital improvements include a new roof installed in 2015, dual-pane windows throughout, and an attractive landscaping upgrade completed
in 2020, enhancing the property’s curb appeal and outdoor common areas. The interiors of each unit have seen thoughtful updates over the years,
providing comfortable and functional living spaces that attract stable tenancy.
Ideally located just three blocks from the Ashby BART Station and only 1.4 miles from UC Berkeley, the property offers excellent access to regional
transit, major employment centers, and educational institutions. Its close proximity to Downtown Berkeley, along with a host of nearby cafes, shops,
and neighborhood conveniences, makes it highly appealing to a wide renter base, including students, young professionals, and long-term residents.
With quality improvements, a walkable and transit-connected location, and continued upside in rental income, 6563 Shattuck Avenue represents a
rare opportunity to acquire a turnkey asset in one of the East Bay’s most sought-after neighborhoods.