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9833 Walnut St

Oakland, CA 94603
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Bed 0

Bed

Bath 0

Bath

SqFt7,500

Sqft(Lot)

To access the marketing package copy/paste: https://bit.ly/kitehillre Introducing 9833 Walnut Street, a high-yield multifamily investment offering exceptional in-place cash flow with substantial value-add potential. Built in 1963, the property features an outstanding unit mix of (3) one-bedroom/one-bath units, (2) two-bedroom/one-bath units, and (1) three-bedroom/two-bath unit—a diverse mix that appeals to a broad tenant base and supports long-term occupancy. The asset generates nearly $105,000 in annual gross income and is offered at just over an 8.0 GRM, over a 7.0% cap rate, approximately $220 per square foot, and $170,000 per unit. With strong in-place cash flow and a projected 30% upside in rental income translating to approximately 50% upside in NOI, investors have a rare opportuni ty to acquire an asset that performs on day one while offering significant future growth. Recent capital improvements include a completed earthquake retrofit and a new perimeter fence, reducing future capital expenditure concerns. Additional amenities include covered parking and on-site coin-operated laundry, creating added convenience for tenants and supplemental income for ownership. Well priced relative to today's market fundamentals, 9833 Walnut Street is an ideal acquisition for investors seeking immediate yield, durable cash flow, and meaningful upside through strategic rent growth.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $850,000

AD Id : 89439851

MLS Id : 41144574

Lot Size : 7,500 Sqft

Year Built : 1963

County : Alameda

Subdivision: Adobe Casa Court

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: NaturalGas Has Cooling: Yes Cooling: None

  • Building Information

    Year Built: 1963
    Construction Materials: Stucco
    Private Pool: No

  • Lot Information

    Main Square Feet: 7500 Lot Size Acres: 0.1722 Lot Size Square Feet: 7,500

    Property Information

    Subdivision: IVY WOOD EXT. Source Property Type: ResidentialIncome Property Age: 63

  • Listing Price Information

    Listing Price: $850000

  • Tax Information

    Parcel Number: 4654285

  • Parking Information

    Parking Total: 4

  • Location Information

    Direction: Cross Street: 97th Ave.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Clara Street, Oakland, CA, 94603 $474,888 2 1 800 800 SqFt
Clara Court, Oakland, CA, 94603 $499,899 2 2 983 983 SqFt
Warner Avenue, Oakland, CA, 94603 $657,000 3 2 1,270 1,270 SqFt
Hunter, Oakland, CA, 94603 $599,999 3 2 1,575 1,575 SqFt
Bernhardt Drive, Oakland, CA, 94603 $799,900 4 2 1,642 1,642 SqFt
B St, Oakland, CA, 94603 $550,000 5 2 1,416 1,416 SqFt
Tyler St, Oakland, CA, 94603 $499,000 3 1 1,015 1,015 SqFt
Armstrong Drive, Oakland, CA, 94603 $605,000 3 3 1,692 1,692 SqFt
Cherry Street, Oakland, CA, 94603 $435,000 2 1 723 723 SqFt
Fitzpatrick, Oakland, CA, 94603 $630,000 3 1 1,013 1,013 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/12/2026 @ 14:45

MLS: 41144574 LISTED BY: Jatin Mehta, Kite Hill Real Estate 855-450-0442 SOURCE: CRMLS

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