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Property profile & analytics
OFF-MARKET
Land

3851-3903 Clarke St Oakland, CA 94609

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents two adjacent multifamily buildings in Oakland, California, totaling ten units, situated on separate lots at 3851-3903 Clarke Street, zip code 94609. The property consists of two buildings: a four-unit building (3851-3857 Clarke Street) featuring two spacious four-bedroom, one-bathroom apartments and two three-bedroom, one-bathroom apartments, all boasting updated kitchens; and a six-unit building (3901-3903 Clarke Street) comprised entirely of one-bedroom apartments. The six-unit building's top-floor units are particularly desirable, offering full-floor layouts with expansive eat-in kitchens and large formal living rooms. All units in both buildings feature attractive wood floors and kitchens equipped with dishwashers and garbage disposals. A shared driveway and backyard connect the buildings, providing parking for seven vehicles. A convenient laundry room, accessible from the backyard, serves both buildings. Individual gas and electric meters ensure efficient utility management, with tenants responsible for their gas heating costs. This well-maintained property offers a strong potential for rental income and appreciation, making it an attractive investment in the thriving Oakland market. The property is located in Alameda County. The asking price for this exceptional ten-unit multifamily property is $2,700,000.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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