Active
5865 Marshall Street
Oakland CA, 94608
$1,680,000
Active
Residential
Built in 1908
Open house this Sunday 10/20/2024 1-4:00 PM. Welcome to 5865 Marshall St. This fantastic 8-unit building is nicely located on the border of Emeryville. 5 minutes to the Amtrak station. Walk-able to Doyle Hollis Park and the popular Townhouse Bar and Grill Restaurant. 6 minutes to the famous Bay Street shopping center. You can also travel the world one bite at a time at the Public Market Food Hall. UC Berkeley is about 15 minutes away. Conveniently located on a quiet street. This charming well-maintained building has 8 1BR/1BA with high ceilings and separated PG&E meters. Upgrades included new laminated wooden floors, exterior and interior paint and new landscape improvements. There is also new Terra Cotta tile installed in a large, beautiful patio area, new French drain and fences. Sewer lateral is in compliance. Unit #4, #5 and #7 are totally renovated with high-end style. Owner unit #6 will deliver vacant at closing. Market rent is $1800.00. Excellent 34% upside in 6.96% cap rate. In high demand, offering an exceptional investment opportunity with great upside and stable income from long-term tenants. This truly is pride of ownership and will make any owner proud. Motivate Seller! OM is available as request. 3D tour https://my.matterport.com/show/?m=UAsuoXGFhB7
41067914
MLSⓇ ID
July 26, 2024
Listed
October 14, 2024
Updated
Map
5865 Marshall Street
Oakland CA, 94608
Interior Features
Appliances
Gas Water Heater, Washer
Fireplace
No
Cooling
Yes
Cooling Description
See Remarks
Heating
Yes
Heating Description
Electric, Forced Air, Wall Furnace
Exterior/Building Features
Lot Size
0.1 Acres
Roof
Shingle
Other Property Details
Taxes
$30,240
Tax Frequency
Annually
Days on Market
80
Garage
No
Parking Total
2
View
No
County
Alameda
Pool
No
Listing History
Date | Event | Price |
---|---|---|
9/13/2024 | Price change | $1,680,000 -7% |
Open House Schedule
Sun, Oct 20th
2:00 PM - 4:00 PM PDT
Listed by Anna Li with Better Homes and Gardens RP
Listing Contact: 510-853-8810
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