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    Shattuck Ave Oakland, CA 94609

    For Sale
    $1,420,000

    Well-maintained 8-unit apartment building near Ashby BART station.

    Property size:
    3,432 SF
    Lot size:
    0.12 Acres

    Property Features for Shattuck Ave

    General Information

    Standard status
    Active
    Size
    3,432 SF
    Lot size
    0.12 Acres

    Building Details

    Year built
    1959

    Source: MAGNIFY REAL ESTATE Agent WILL THARP

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oakland Multifamily Investment Opportunity

    The Shattuck Court Apartments present an opportunity to acquire an 8-unit multifamily property in North Oakland. Constructed in 1959, this motel-style building contains eight 1-bedroom, 1-bathroom units, all updated within the past decade. The property provides 3,432 square feet of rentable space on a 5,250 square foot lot. Capital improvements include a new roof installed in 2015, dual-pane windows throughout, and landscaping upgrades completed in 2020. Located three blocks from the Ashby BART Station and 1.4 miles from UC Berkeley, the property offers access to regional transit, employment centers, and educational institutions. The location near Downtown Berkeley and local cafes and shops makes it appealing to students, young professionals, and long-term residents. This property represents an opportunity to acquire a turnkey asset.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.2635854
    Latitude
    37.8363097

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 8-unit apartment building near Ashby BART station.
    Where is this apartment building located?
    The property is located at Shattuck Ave Oakland, CA.
    What is the asking price?
    The asking price for this property is $1,420,000.
    What are key features of this property?
    This property features: - Prime location: Just 3 blocks from Ashby BART and 1.4 miles from UC Berkeley.; - Turnkey asset: Well-maintained 8-unit building.; - Updated units: All (8) 1BD/1BA units updated within the past decade.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Shattuck Ave Oakland, CA 94609
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