Property 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:

• UNIT MIX INCLUDES (4) SPACIOUS 2X1 UNITS AND (1) 1X1 UNIT
• OFF-STREET PARKING SPACES AT THE REAR OF THE PROPERTY
• GATED, SECURE FENCE
• POTENTIAL FOR ONSITE LAUNDRY MACHINES TO PROVIDE ADDITIONAL INCOME
• LOCATED JUST MINUTES FROM I-580 AND I-880, AND JUST 3 MILES FROM THE COLISEUM BART STATION
• LESS THAN 3 MILES FROM DOWNTOWN SAN LEANDRO AND BART, 10 MILES FROM DOWNTOWN OAKLAND AND 5.5 MILES FROM OAK INT AIRPORT

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