71 10Th StOakland, CA 94607

This exceptional multifamily investment opportunity comprises four distinct apartment buildings totaling 73 units, strategically located in highly desirable Oakland neighborhoods surrounding Lake Merritt. Built between 1920 and 1964, these properties boast a mix of studio, one-bedroom, and two-bedroom units, offering a diverse tenant base. The portfolio features desirable amenities including controlled access, on-site parking, and laundry facilities. Professionally managed, these assets benefit from convenient access to multiple BART stations and premier retail corridors. The portfolio presents an attractive combination of in-place yields and significant upside potential, with an average price per unit of $137,301, an average in-place cap rate of 7.43%, and a projected stabilized cap rate of 9.19%. The properties are offered free and clear of debt, providing an exceptional opportunity for investors seeking strong returns in a thriving Oakland market. Individual properties or the entire portfolio are available for purchase. The portfolio enjoys an average Walk Score of 90 and Bike Score of 78, reflecting its convenient location and walkability. Building sizes range from 8,004 to 22,032 square feet. Properties are situated in the Peralta Park, Adams Point, East Lake, and Uptown districts. This is a rare opportunity to acquire a well-positioned, multifamily portfolio in one of the Bay Area's most dynamic markets.