8
See all 8 photos
$950,000
Est. payment /mo
3,349 Sqft Lot
New
3601 West St Oakland, CA 94608
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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision North Oakland
MLS Listing ID 41135549
HOA Y/N No
Year Built 1965
Lot Size 3,349 Sqft
Property Sub-Type Apartment
Property Description
3601 West Street delivers a fully-occupied five-unit apartment building at the signalized corner of 36th and West Street, three blocks from MacArthur BART. Priced at $950,000 — $190,000 per unit and $264 per square foot — the property generates $124,296 in current annual income at a 7.8% in-place cap rate. Four of five units are backed by Section 8 HAP contracts. Unit mix: one 1BR and four 2BR units, 3,603 SF total. Five assigned parking spaces include two garages and three covered carports, all included in rents. Move-in dates span 2004 to 2021 — proven retention, low turnover. Recent capital investment of $25,000+ across 2024–2025. Built for 1031 trade-ups and income-focused private investors targeting stabilized Bay Area multifamily. Don't miss this one.
Location
State CA
County Alameda
Zoning RM-2
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Total Parking Spaces 5
Building
Lot Description Corner Lot
Others
Tax ID 1294853
Listed by Joey Wang Keller Williams Realty #01890931
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