5470 Camden Street

Oakland, CA 94619

$3,375,000
Price
Beds
7,450 Sq. Ft.
$453 / Sq. Ft.
7,450
Sq. Ft.
$453
per Sq. Ft.

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.
  1. Listed by Matthew Rulloda • DRE #02043118 • BHHS Drysdale Properties

Property Details for 5470 Camden Street

City
OAKLAND
Building Type
Lowrise (1-3 Flrs)
Property Sub Type
Lowrise (1-3 Flrs)
Total # Parking Spaces
11
LISTING UPDATED: 12/10/2024 02:34 PM

Property Details for 5470 Camden Street

StatusActive
MLS #41077995
Days on Compass50
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1958
Lot Size0.16 AC / 6,958 SF
CountyAlameda County

Building Information for 5470 Camden Street

Stories-Residences15Year Built1958Building Size-Lot Size0.16 AC / 6,958 SF

Property Information for 5470 Camden Street

Features
Feature Details
  • Flooring: Other
Utility Details
  • Cooling: Other
  • Heating: Other Heat
  • Water/Sewer: Sewer System - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Other
  • Lot Description: Corner
  • Lot Sq Ft Apx: 6958
  • Lot Size Square Feet: 6958.0
  • Roof: Other
  • Sq Ft Apx: 7450
  • Year Built: 1958
Location Details
  • Directions to Property: Macarthur Blvd. and Camden St.
  • FIPS Code: 06001
  • Census Tract: NA
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 15
  • Basement: Other
  • Tenant Pays: Electric
  • Financial Data Source: Owner
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: Other
  • Apx Lot Acres: 6958
  • On Site Parking Description: Covered Parking
Income / Expense Details
  • Annual Maint Expense: $117,081
  • Annual Rent Income: $323,364
  • Gross Rent Multiplier: 10.82
  • Net Operating Income: $199,816
Other Financial Information
  • Cap Rate: 5.71
  • Existing Loan: Other
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 5470 Camden Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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5470 Camden Street is a multi-family home for sale in Oakland, CA 94619. This property was listed for sale on November 1, 2024 by BHHS Drysdale Properties, it's currently listed at $3,375,000. This listing's school district is Oakland Unified School District. Nearby schools include Laurel Elementary School, Frick United Academy of Language and Skyline High School. 5470 Camden Street is a 0-bed, 0-bath, 7,450 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Drysdale Properties, Matthew Rulloda, DRE #02043118

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.