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8124 Greenly Dr 2 Unit Apartment Building $1,099,000 ($549,500/Unit) 5.26% Cap Rate Oakland, CA 94605
Executive Summary
Views of the Oakland hills, a 388-sf studio ADU (nanny, rental, multigenerational) and a 4-car garage (TWO level 2 EV chargers) with workshop large enough to fit an RV/boat. This home preserves the charm of bay area mid-century architecture and is nestled in Eastmont Hills on a quiet established end street with a redwood fence around the property and automatic driveway gate. Access to King Estate, a 52-acre open space with off leash dogs, the best views during July 4, and even baby goats roaming in the summer. Fresh and remodeled, ALL appliances convey. Ensuite and 1/2 bath could be a flexible family room, home gym, guest bedroom, or work from home office. The garden includes raised beds, redwood planters, as well as fruiting citrus orange and lemon trees. Quick access to the 580 and Oakland Zoo adds to the convenience of this prime location, with new shops and community spaces in development at Oak Knoll. Security system centrally monitored conveys.
Property Facts
| Price | $1,099,000 | Building Class | C |
| Price Per Unit | $549,500 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 1,671 SF |
| Cap Rate | 5.26% | Average Occupancy | 50% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1948 |
| Property Subtype | Apartment | ||
| Zoning | Residential | ||
| Price | $1,099,000 |
| Price Per Unit | $549,500 |
| Sale Type | Investment |
| Cap Rate | 5.26% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 1,671 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1948 |
| Zoning | Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 388 |
| 2+1.5 | 1 | - | 1,283 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 040A-3449-047-00 | Improvements Assessment | $675,984 |
| Land Assessment | $289,707 | Total Assessment | $965,691 |
Property Taxes
Parcel Number
040A-3449-047-00
Land Assessment
$289,707
Improvements Assessment
$675,984
Total Assessment
$965,691
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8124 Greenly Dr
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