Active

5865 Marshall Street

Oakland CA, 94608

$1,680,000


$460.15 per sqft

Active

3,651 sqft

Multi-family

Built in 1908

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

December 13, 2024

Updated

Map

5865 Marshall Street
Oakland CA, 94608

Interior Features

Appliances

Washer, Gas Water Heater


Floor Description

Laminate, Partial Carpeting, Stone, Tile, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Other, Multi Units


Heating

Yes


Heating Description

Electric, Forced Air, Individual Rm Controls, Wall Furnace, Hot Water, Multi Units

Exterior/Building Features

Lot Size

0.1 Acres


Lot Features

Regular, Front Yard, Street Light(s)


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

Oakland


Garage

No


Parking

Off Site, Tandem, Uncovered Parking Space


View

No


County

Alameda


Water Source

Sump Pump, Public


Pool

No

Listing History

Date

Event

Price

9/13/2024

Price change

$1,680,000

-7%

Listed by Anna Li with Better Homes and Gardens RP
Listing Contact: 510-853-8810 

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