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Listed by Joey Wang • Keller Williams Realty
$ 950,000
Est. payment /mo
New
3601 West St Oakland, CA 94608
3,603 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Apt Complex
Listing Status Active
Purchase Type For Sale
Square Footage 3,603 sqft
Price per Sqft $263
Subdivision North Oakland
MLS Listing ID 41135549
HOA Y/N No
Year Built 1965
Lot Size 3,348 Sqft
Property Sub-Type Apt Complex
Source Bridge AOR
Property Description
3601 West Street delivers a fully-occupied five-unit apartment building at the signalized corner of 36th and West Street, three blocks from MacArthur BART. Priced at $950,000 — $190,000 per unit and $264 per square foot — the property generates $124,296 in current annual income at a 7.8% in-place cap rate. Four of five units are backed by Section 8 HAP contracts. Unit mix: one 1BR and four 2BR units, 3,603 SF total. Five assigned parking spaces include two garages and three covered carports, all included in rents. Move-in dates span 2004 to 2021 — proven retention, low turnover. Recent capital investment of $25,000+ across 2024–2025. Built for 1031 trade-ups and income-focused private investors targeting stabilized Bay Area multifamily. Don't miss this one.
Location
State CA
County Alameda
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Flooring Hardwood, Tile, Carpet
Fireplace No
Building
Lot Description Corner Lot, Paved
Water Public
Others
Special Listing Condition Standard
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