5445 Broadway

Oakland , CA 94618

MLS#: 41107823

$2,295,000

Status: Active
Listing number: 41107823
Listing provided by: Marcus & Millichap
Listing agent phone: None
Last update: a day ago
New on site 2 days ago
Browse Properties
ROCKRIDGE - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1958

Sq.Footage

N/A

We are pleased to present 5445 Broadway, an 8 unit multifamily investment property located in the highly attractive Rockridge neighborhood of North Oakland. The property was built in 1958 and consists of 6 one bedroom units and 2 two bedroom units. Owner has completed many building improvements, reducing the potential capital expenses for the next owner. Building improvements include: polyurethane foam roof, earthquake retrofit, garage security gate, $100,000 in unit upgrades, replaced electrical boxes and deck / handrailing repairs to be complete by Close of Escrow. 5.87% Current Cap (6.59% Market Cap). 10.73 Current GRM (9.91 Market GRM).

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Heating YN

    YES

  • Heating

    Natural Gas, Wall Furnace

Exterior

  • Garage

    No

  • Construction Materials

    Stucco, Wood Siding

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.0918

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $2,295,000

  • Tax Amount

    35863.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Location

County

Alameda

Elementary School

Middle School

High School

Listing Courtesy of Joseph Owens , Marcus & Millichap

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We are pleased to present 5445 Broadway, an 8 unit multifamily investment property located in the highly attractive Rockridge neighborhood of North Oakland. The property was built in 1958 and consists of 6 one bedroom units and 2 two bedroom units. Owner has completed many building improvements, reducing the potential capital expenses for the next owner. Building improvements include: polyurethane foam roof, earthquake retrofit, garage security gate, $100,000 in unit upgrades, replaced electrical boxes and deck / handrailing repairs to be complete by Close of Escrow. 5.87% Current Cap (6.59% Market Cap). 10.73 Current GRM (9.91 Market GRM).

5445 Broadway

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