Marcus & Millichap is pleased to present 4121 Opal Street, a 10-unit apartment building ideally located in Oakland's highly desirable Temescal neighborhood, one of the East Bay's most vibrant and walkable districts. Offered at an attractive $189k per unit with a true 6.50% CAP, the property presents a compelling investment opportunity with significant upside through cosmetic improvements. The asset benefits from exceptional walkability and immediate access to the shopping, dining, and entertainment along Telegraph Avenue, Broadway, and Piedmont Avenue, placing tenants in the center of one of Oaklands most dynamic urban corridors.
| MLS # | ML82038521 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 187 |
| Listing Provided By | Marcus & Millichap | Eymon Binesh |
| SQ Feet | 5,904 |
|---|---|
| Units | 10 |
| Building(s) | 1 |
| Zoning | RM |
| Acreage | 0.17 |
| Cooling | None |
|---|---|
| Heating | Electric |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Property | 26580 |
|---|
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94609 |
| Area | 699 Not Defined |
| Listing VS Median (in 94609) | |
Price: $1,898,000 low | high Med: $1,425,000 sqft: 5,904 low | high Med: 3,995 $ / sqft: $321 low | high Med: $361 On site: 187 low | high Med: 107.5 | |
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94609 |
| Area | 699 Not Defined |
| Listing VS Median (in 94609) | |
Price: $1,898,000 low | high Med: $1,425,000 sqft: 5,904 low | high Med: 3,995 $ / sqft: $321 low | high Med: $361 On site: 187 low | high Med: 107.5 | |