Fourplex Located in NOBE District

1089 Stanford Ave, Oakland, California Building Size : ± 2,620 SF

$1,188,888 ($297,222/Unit)

Executive Summary

EXCEPTIONAL FOUR UNIT INVESTMENT OPPORTUNITY IN PRIME NOBE NEIGHBORHOOD IN OAKLAND, CA

 

The Ivy Group is proud to present an outstanding opportunity to acquire a well-located four-unit multifamily property in the highly desirable NOBE (North Oakland, Berkeley, Emeryville) neighborhood of Oakland, California.

 

Situated in a thriving and walkable area, the property offers unparalleled access to top-tier amenities, including premier shopping, acclaimed dining, major transportation corridors, and excellent schools…making it a prime location for both tenants and investors.

 

THIS TWO-STORY BUILDING FEATURES:

  • Four spacious 1bed/1bath units, each with private deck and wall furnace
  • A fenced yard offering enhanced privacy and security
  • Separate electric and gas meters for each unit, simplifying utility management
  • Three units have been tastefully remodeled, providing immediate rental upside, while the remaining unit offers a value-add opportunity for investors seeking to maximize returns by bringing rents to market rate.
  • Unit D: all appliances replaced
  • Water main to the property is new

 

Whether you’re completing a 1031 Exchange or looking to expand your portfolio with a strong performing asset, this property offers a rare blend of stability, location, and future appreciation in one of the Bay Area’s most dynamic multifamily markets.

 

Take advantage of this opportunity to own a prime asset in one of Oakland’s most sought-after neighborhoods.

 

ADDITIONAL NOTES:

Paid by Tenants: Utilities – all units separately metered for electric
Paid for by owners: Garbage – (waste management, recycling, greens), water/sewer

PROPERTY HIGHLIGHTS
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    Building Size ± 2,620 SF
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    Lot Size ± 2,992 SF or ± 0.069 acres
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    Year Built 1924 (renovated 2018)
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    Use Quadruplex (4 units all 1bed/1bath)
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    Accessibility Convenient and easy access to major freeways
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    Bus Stop Walking distance to major bus stops and public transportation nodes
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    Metering Individual electric meter
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    Number of Units 4
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    Unit Mix All units 1 bed / 1 bath
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    APN 15-1305-20-4
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    Number of Stories Two
Inquire about this property





    Tim Vi Tran, SIOR, CCIM

    CA DRE #01784630
    510 213 8883
    tim@theivygroup.com

    1089 Stanford Ave, Oakland, California, USA

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