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+15108580005
The Bauman Group
901 55th St, Oakland, CA 94608
- $1,299,000
- 6
- BD
- 5,024
- SqFt
- List Price
- $1,299,000
- Status
- ACTIVE
- MLS#
- 41149754
- Days on Market
- 19
- Property Type
- OTHER
- Bedrooms
- 6
- Living Area
- 5,024
- Lot Size
- 5,809
- Lot Description
- Corner Lot
- Subdivision
- Santa Fe
Property Description
Excellent opportunity to acquire a fully tenant-occupied five-unit property in a highly desirable and convenient North Oakland location. Generating $10,141 in monthly rental income ($121,692 annually), this income-producing property features spacious units, several of which have been extensively updated. Additional highlights include a common laundry room with existing hookups, offering the opportunity to install machines and create an additional income stream, as well as easy-care landscaping. A tenant-maintained vegetable garden is anticipated to be converted to drought-resistant landscaping. Ideally located near AC Transit and Transbay bus service, with convenient access to BART, Temescal, Rockridge, and the shopping, dining, and neighborhood amenities along Telegraph Avenue and College Avenue. Easy access to Berkeley, Emeryville, and other major Bay Area destinations. A compelling opportunity for investors seeking a fully occupied multifamily property with established rental income in a sought-after Oakland location.
Additional Information
- Year Built
- 1966
- Acres
- 0.13
- Flooring
- Hardwood, Laminate, Tile, Carpet
- Exterior
- Stone, Stucco
- Garage Description
- Carport - 2 Or More
- Basement
- None
- Cooling
- No Air Conditioning
- Heating
- Wall Furnace
- Parking Description
- Carport - 2 Or More
- Yard Description
- Garden/Play
- Laundry Features
- Laundry Room
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Listing courtesy of Michael Braillard from Corcoran Icon Properties
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. Date and time last updated: Website provided by: Real Geeks LLC