848 International BLVD, Oakland, CA 94606
- $1,725,000
- 8,348
- SqFt
Listed by Sam Runco, 650-759-3414 from Marcus & Millichap
(If provided) CoList: Philip Batlin from Marcus & Millichap
- List Price
- $1,725,000
- MLS#
- ML82045376
- Status
- ACTIVE
- Sqft. of Residence
- 8,348
- Lot Size
- 5,000
- Listing Area
- Oakland Zip Code 94606
- Year Built
- 1910
Property Description
848 International Boulevard presents a well-maintained 7-unit multifamily investment opportunity in a strong rental market. The property features a highly desirable unit mix consisting primarily of spacious three-bedroom units, catering to strong and consistent rental demand from families and shared households. Since acquiring the property in 2018, ownership has invested significantly in capital improvements, including approximately $110,000 to complete Oaklands mandatory soft-story seismic retrot in 2024substantially reducing future structural risk and bringing the property into compliance with current city requirements. Additionally, four units have undergone major renovations to enhance interior appeal and positioning the asset for continued rental upside. With a combination of in-place income stability and value-add potential through further unit upgrades, the property offers investors a balanced prole of durability and growth. Its corner lot positioning, functional layout, and ongoing improvements make it an attractive long-term hold in a supply-constrained rental market.
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Additional Information
- Cooling System
- None
- Foundation
- Other
- Garage Parking
- Covered Parking
- Heating System
- Wall Furnace
- Living Area
- 8,348
- Lot Size
- 5,000
- Neighborhood
- Oakland Zip Code 94606
- Other Utilities
- Other
- Roof
- Tar and Gravel
- Sewer
- Other
- Unincorporated Yn
- Yes
- Zoning
- CN-3
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