9046 Hillside Street, Oakland, CA 94603

(Sold At)
$750,000
Sold

Property Details

9 5 0 Commercial, Multifamily

9046 Hillside Street, Oakland, California 94603

Description:

Property Narrative:

9046 Hillside Street offers investors an opportunity to purchase a 5 unit multi-family property in the Castlemont neighborhood of Oakland, with tremendous upside.
 
Built in 1965, this two-story, wood-framed building has a stucco exterior and sits on a spacious 7,800 square foot parcel. It contains 3,509 square feet of gross living area. The unit mix consists of (4) spacious 2 bedroom, 1 bathroom units and (1) 1 bedroom, 1 bathroom unit.
 
Tenants will appreciate the off-street parking spaces that are situated behind a gated and secured fence (parking is currently included in the rent). There is a laundry room which could be opened to provide additional monthly rent.
 
Residents benefit from the property’s close proximity and easy access to I-580, and I-880 just a few miles away.  Major transportation lines are located on Bancroft Avenue and MacArthur Blvd. The subject property is also less than 3 miles from Downtown San Leandro and BART, 10 miles from Downtown Oakland and just 5.5 miles from Oakland International Airport.
 
9046 Hillside Street is a great chance to own a stable apartment building with generous income, with potential for realizing rental upside for years to come.

Property Highlights:

Contact Nolan Jones with any questions or for showings

Nolan Jones
Broker | Real Estate Services
BRE# 01509417

nolan@theprescottcompany.com

Direct: 510.398.1622
Cell: 510.867.4806
Fax: 510.225.2423
www.theprescottcompany.com

 

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