Description

The property is a ±4,926-square-foot, six-unit multifamily building located in the heart of North Oakland’s coveted Bushrod neighborhood. The property consists of a front fourplex and a rear duplex, offering a desirable mix of spacious two-bedroom and one-bedroom units. Each unit has been fully remodeled and features in-unit washers and dryers, blending classic turn-of-the-century architecture with modern upgrades. Recent capital improvements include new electrical and plumbing, new windows, exterior paint, and a new roof on the rear building. With strong in-place income and minimal deferred maintenance, this asset offers excellent cashflow and represents a true turnkey opportunity for the next investor. 823–825 55th Street is located in Oakland’s Santa Fe neighborhood, a highly desirable enclave between the Temescal and Rockridge districts, and just blocks from the Berkeley border. This central location offers tenants the best of North Oakland living, easy access to College Avenue and Telegraph Avenue amenities, proximity to UC Berkeley, and a vibrant mix of cafés, parks, and cultural hotspots. With walkable access to multiple AC Transit lines and close proximity to both Ashby and MacArthur BART stations, the property enjoys excellent regional connectivity.