5470 Camden Street
$3,375,000
—
7,450
7,450
$453
Description
This 10,150 SF multifamily property, built in 1957, presents a lucrative opportunity for investors seeking solid returns. Featuring 15 units—10 1-bedroom, 1-bathroom units, 3 studios, and 2 2-bedroom, 1-bathroom units—the property provides a well balanced unit mix that appeals to a broad tenant base. Zoned R50 also offers flexibility for future development or expansion, enhancing its long-term value. Located in a highly desirable Oakland area, this asset is strategically positioned less than 5 minutes...This 10,150 SF multifamily property, built in 1957, presents a lucrative opportunity for investors seeking solid returns. Featuring 15 units—10 1-bedroom, 1-bathroom units, 3 studios, and 2 2-bedroom, 1-bathroom units—the property provides a well balanced unit mix that appeals to a broad tenant base. Zoned R50 also offers flexibility for future development or expansion, enhancing its long-term value. Located in a highly desirable Oakland area, this asset is strategically positioned less than 5 minutes from Northeastern University and Mills College, with easy access to Highways 580 and 880. Its close proximity to Oakland International Airport and other key amenities further increases tenant demand, making it a strong rental market performer. The property is separately metered for PG&E utilities, features on-site parking, and has undergone a full seismic retrofit, ensuring modern infrastructure and reduced future capital expenditures. With potential for rent growth through tenant turnover, the property offers significant upside for value-add investors. This multifamily property combines immediate cash flow potential with strong prospects for future appreciation, making it a prime investment in Oakland's growing real estate market.
- Listed by Matthew Rulloda • DRE #02043118 • BHHS Drysdale Properties
Property Details for 5470 Camden Street
City
OAKLAND
Building TypeLowrise (1-3 Flrs)
Property Sub TypeLowrise (1-3 Flrs)
Total # Parking Spaces11
LISTING UPDATED: 12/10/2024 02:34 PM
Property Details for 5470 Camden Street
Status | Active |
---|---|
MLS # | 41077995 |
Days on Compass | 50 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1958 |
Lot Size | 0.16 AC / 6,958 SF |
County | Alameda County |
Building Information for 5470 Camden Street
Stories-Residences15Year Built1958Building Size-Lot Size0.16 AC / 6,958 SF
Property Information for 5470 Camden Street
Property History for 5470 Camden Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5470 Camden Street
Taxable ValueLand$216,021Additions$504,049Total$720,070
Tax Record2024$21,223 ($1,769 / month)
Home Facts
Total Finished SqFt7,450 SqFtAbove Grade Finished SqFt7,450 SqFtStories2Lot Size6,985 SqFtStyleMulti-Family Res (5+ Units)Year Built1957Year Renovated1958CountyALAMEDAAPN36-2503-137
Schools near 5470 Camden Street
This home is within Oakland Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Laurel Elementary School PublicK to 5 | ||
Frick United Academy of Language Public6 to 8 | ||
Skyline High School Public9 to 12 | ||
Oakland Unity High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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