8811 A Street, Oakland, CA 94621 | For Sale

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For Sale $1,088,000

$1,088,000
  • (0)
  • 5 Units
  • Unknown Sq Ft
  • 5,800 Sq Ft
  • Unknown Cap Rate

Description

Turnkey 5-Unit Investment Property – Offered at $1.088M Fully renovated gated apartment with on-site parking, situated on a 5,793 SF lot with approximately 3,878 SF of living space. Exceptional opportunity to acquire a well-maintained 5-unit apartment building featuring spacious 2-bedroom / 1-bath units, thoughtfully upgraded for modern living and long-term performance. This income-producing property has undergone extensive recent improvements, including a new roof, updated electrical panels and breakers, upgraded heating systems, fresh interior and exterior paint, new flooring throughout, modern kitchen cabinets and countertops, updated bathrooms, and new lighting fixtures and window coverings. Each unit offers a bright, clean, and functional layout, appealing to today’s renters seeking comfort and convenience. All units have separate electrical, gas, and water meters, presenting excellent potential for a future condo conversion (subdivide and resell each unit individually for strong profit upside). The property generates strong rental income of over $10,000/month gross, offering excellent cash flow with high cap rate potential. Major system upgrades have already been completed, resulting in a low-maintenance, turnkey investment with no immediate rehab required. Additional features include gated entry for privacy and security, on-site parking, a quiet and well-maintained setting, and a front garden area that enhances tenant appeal. Non-Soft-Story-Building-Certified and Approved by the City of Oakland Ideal for both cash flow investors and 1031 exchange buyers seeking a stabilized asset in a strong rental market. Actual rent roll and pro forma available upon request. Offers reviewed as received.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,088,000
Property Type Multi-Family
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 5 spots
Year Built 1951
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 42427212
MLS # 41131088
Property ID 322402363
Lot Sqft 5,800
Zoning Unknown
Total Units 5
Days on Market 48
Original List Price $1,088,000
Date Updated May 01, 2026
Date Created April 15, 2026

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Daniel Liang an agent of . Lic #02084515


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 01, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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