$1,250,000
9716 Mountain Blvd is a four-unit multifamily property consisting of all two-bedroom, one-bathroom units, each approximately 800 SF Ownership has completed recent interior upgrades across all units, including new flooring, updated kitchen cabinets and countertops, and new windows, reducing near-term capital expenditures and enhancing tenant appeal. The property is currently 75% occupied, with three units generating in-place income and one vacant unit projected at market rent, resulting in a total gross income of approximately $123,540 based on current and pro forma rents. Tenants pay for their own PG&E and water, while ownership is responsible for the trash removal. Located in Oakland's Sequoyah neighborhood within the 94605 Zip Code, the property benefits from a primarily residential setting with access to local amenities, parks, and transportation, supporting consistent rental demand.
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Listed by Jacob Hoggatt with Matthews Real Estate Investment Services Inc. (866) 889-0550
Property Type
Quadruplex
Status
Active
MLS Number
41120822
Year Built
1961
Lot Size
6,451 sq ft