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8811 A Street

Oakland, CA 94621
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Bed 0

Bed

Bath 0

Bath

SqFt5,800

Sqft(Lot)

Turnkey 5-Unit Investment Property – Offered at $1.088M Fully renovated gated apartment with on-site parking, situated on a 5,793 SF lot with approximately 3,878 SF of living space. Exceptional opportunity to acquire a well-maintained 5-unit apartment building featuring spacious 2-bedroom / 1-bath units, thoughtfully upgraded for modern living and long-term performance. This income-producing property has undergone extensive recent improvements, including a new roof, updated electrical panels and breakers, upgraded heating systems, fresh interior and exterior paint, new flooring throughout, modern kitchen cabinets and countertops, updated bathrooms, and new lighting fixtures and window coverings. Each unit offers a bright, clean, and functional layout, appealing to today’s renters seekin g comfort and convenience. All units have separate electrical, gas, and water meters, presenting excellent potential for a future condo conversion (subdivide and resell each unit individually for strong profit upside). The property generates strong rental income of over $10,000/month gross, offering excellent cash flow with high cap rate potential. Major system upgrades have already been completed, resulting in a low-maintenance, turnkey investment with no immediate rehab required. Additional features include gated entry for privacy and security, on-site parking, a quiet and well-maintained setting, and a front garden area that enhances tenant appeal. Non-Soft-Story-Building-Certified and Approved by the City of Oakland Ideal for both cash flow investors and 1031 exchange buyers seeking a stabilized asset in a strong rental market. Actual rent roll and pro forma available upon request. Offers reviewed as received.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,088,000

AD Id : 77080585

MLS Id : 41131088

Lot Size : 5,800 Sqft

Year Built : 1951

County : Alameda

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Interior Features

    Roof: Tar/Gravel
  • Cooling Features

    None Air Conditioning

    Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1951 Construction: See Remarks Roof: Tar/Gravel

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1331
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 5800

  • Listing Price Information

    Original List Price: 1,088,000 Listing Contract Date: 2026-04-15

  • Tax Information

    Parcel Number: 42427212

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: Directions: Cross Street: 88th & 89th Ave. Source Property Type: Residential Income
  • Building and Construction

    Property Age: 75 Year Built Source: Vendor Enhanced
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2000 82nd, Oakland, CA, 94621 $489,777 2 1 1,022 1,022 SqFt
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1821 74th Ave, Oakland, CA, 94621 $575,000 -- -- --
1233 87th Ave, Oakland, CA, 94621 $549,000 -- -- --

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ByOwner last updated this listing 06/11/2026 @ 00:37

MLS: 41131088 LISTED BY: Daniel Liang, Real Estate Ebroker Inc 760-722-3222 SOURCE: CRMLS

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