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3505 Kempton Way
Oakland, CA 94611
Kempton Apartments · Multifamily Property For Sale
·
14 Units
EXECUTIVE SUMMARY
PROPERTY SUMMARY:
Address: 3505 Kempton Way, Oakland, California 94611
Total Units: 14
Net Rentable SF: ±8,305
Number of Buildings: 1
Number of Stories: 2-3
Submarket: Piedmont
Land Size: 0.19 Acres.
LOCATION OVERVIEW
Oakland, California, sits on the eastern edge of San Francisco Bay, known for its mix of city life and natural beauty. Its diverse culture, scenic landscapes, and mild weather attract outdoor enthusiasts with sweeping bay views, numerous parks, and plenty of green spaces. From historic Victorian homes to modern hillside estates, Oakland’s housing options cater to a wide range of residents. Education is central to Oakland’s identity, bolstered by institutions like the University of California, Berkeley, while its vibrant cultural scene thrives in museums, theaters, and lively neighborhoods like Chinatown and Fruitvale, reflecting the city’s diverse population. Recreational opportunities abound with parks, trails, and waterfront activities, highlighted by Lake Merritt, the nation’s oldest wildlife refuge. Hosting major sports teams and diverse cultural events year-round, Oakland remains a growing hub of creativity and community, strategically located near San Francisco and Silicon Valley.
Address: 3505 Kempton Way, Oakland, California 94611
Total Units: 14
Net Rentable SF: ±8,305
Number of Buildings: 1
Number of Stories: 2-3
Submarket: Piedmont
Land Size: 0.19 Acres.
LOCATION OVERVIEW
Oakland, California, sits on the eastern edge of San Francisco Bay, known for its mix of city life and natural beauty. Its diverse culture, scenic landscapes, and mild weather attract outdoor enthusiasts with sweeping bay views, numerous parks, and plenty of green spaces. From historic Victorian homes to modern hillside estates, Oakland’s housing options cater to a wide range of residents. Education is central to Oakland’s identity, bolstered by institutions like the University of California, Berkeley, while its vibrant cultural scene thrives in museums, theaters, and lively neighborhoods like Chinatown and Fruitvale, reflecting the city’s diverse population. Recreational opportunities abound with parks, trails, and waterfront activities, highlighted by Lake Merritt, the nation’s oldest wildlife refuge. Hosting major sports teams and diverse cultural events year-round, Oakland remains a growing hub of creativity and community, strategically located near San Francisco and Silicon Valley.
PROPERTY FACTS
| Price Per Unit | $209,388 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6% | Lot Size | 0.20 AC |
| Gross Rent Multiplier | 8.36 | Building Size | 8,305 SF |
| No. Units | 14 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Apartment | ||
| Zoning | R3 - Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) | ||
| Price Per Unit | $209,388 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| Gross Rent Multiplier | 8.36 |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 8,305 SF |
| No. Stories | 3 |
| Year Built | 1980 |
| Zoning | R3 - Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) |
AMENITIES
UNIT AMENITIES
- Kitchen
- Tub/Shower
- Double Pane Windows
SITE AMENITIES
- Laundry Facilities
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | $1,684 CAD | 500 |
| 1+1 | 9 | $1,794 CAD | 645 |
PROPERTY TAXES
| Parcel Number | 010-0807-013-00 | Improvements Assessment | $1,797,657 CAD |
| Land Assessment | $883,776 CAD | Total Assessment | $2,688,188 CAD |
PROPERTY TAXES
Parcel Number
010-0807-013-00
Land Assessment
$883,776 CAD
Improvements Assessment
$1,797,657 CAD
Total Assessment
$2,688,188 CAD
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