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Investment Highlights

  • Four spacious 1bed/1bath units with wall furnace
  • Separate electric and gas meters for each unit, simplifying utility management
  • Well-located four-unit multifamily property in the highly desirable NOBE (North Oakland, Berkeley, Emeryville) neighborhood
  • A fenced yard offering enhanced privacy and security
  • Three units have been remodeled, providing immediate rental upside, while the remaining unit offers a value-add opportunity for investors
  • Situated in a thriving and walkable area, the property offers unparalleled access to top-tier amenities

Executive Summary

EXCEPTIONAL FOUR UNIT INVESTMENT OPPORTUNITY IN PRIME NOBE NEIGHBORHOOD IN OAKLAND, CA
The Ivy Group is proud to present an outstanding opportunity to acquire a well-located four-unit multifamily property in the highly desirable NOBE (North Oakland,
Berkeley, Emeryville) neighborhood of Oakland, California.
Situated in a thriving and walkable area, the property offers unparalleled access to top-tier amenities, including premier shopping, acclaimed dining, major transportation
corridors, and excellent schools...making it a prime location for both tenants and investors.
THIS TWO-STORY BUILDING FEATURES:
• Four spacious 1bed/1bath units, with wall furnace
• A fenced yard offering enhanced privacy and security
• Separate electric and gas meters for each unit, simplifying utility management
• Three units have been tastefully remodeled, providing immediate rental upside, while the remaining unit offers a value-add opportunity for investors seeking to maximize returns by bringing rents to market rate.
• Unit D: all appliances replaced
• Built in 1924, remodeled in 2018
Whether you’re completing a 1031 Exchange or looking to expand your portfolio with a strong performing asset, this property offers a rare blend of stability, location,
and future appreciation in one of the Bay Area’s most dynamic multifamily markets.
Take advantage of this opportunity to own a prime asset in one of Oakland’s most sought-after neighborhoods.

Property Facts

Price $1,639,405 CAD
Price Per Unit $409,851 CAD
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 2,620 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1924/2018

Amenities

Unit Amenities

  • Storage Space
  • Heating
  • Kitchen
  • Deck

Site Amenities

  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -
Moderately walkable
70/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
015-1305-020-04
Land Assessment
$433,371 CAD
Improvements Assessment
$1,011,200 CAD
Total Assessment
$1,444,571 CAD
  • Listing ID: 41292920

  • Date on Market: 2026-07-15

  • Last Updated:

  • Address: 1089 Stanford Ave, Emeryville, CA 94608

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