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4121 Opal St 10 Unit Apartment Building $2,627,895 CAD ($262,789 CAD/Unit) Oakland, CA 94609
Investment Highlights
- Located in Oakland’s vibrant Temescal neighborhood, offering exceptional walkability and strong tenant appeal.
- Situated in a dynamic urban corridor that attracts consistent rental demand and lifestyle convenience.
- Immediate access to top dining, shopping, and entertainment along Telegraph Avenue, Broadway, and Piedmont Avenue.
- Offered at an attractive price per unit with favorable capitalization rate, presenting compelling investment potential.
Executive Summary
Marcus & Millichap is pleased to present 4121 Opal Street, a 10-unit apartment building ideally located in Oakland's highly desirable Temescal neighborhood, one of the East Bay's most vibrant and walkable districts. Offered at an attractive $189k per unit with nearly a 6.50% CAP, the property presents a compelling investment opportunity with significant upside through cosmetic improvements. The asset benefits from exceptional walkability and immediate access to the shopping, dining, and entertainment along Telegraph Avenue, Broadway, and Piedmont Avenue, placing tenants in the center of one of Oaklands most dynamic urban corridors.
Property Facts
| Price | $2,627,895 CAD | Building Class | C |
| Price Per Unit | $262,789 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 8,570 SF |
| No. Units | 10 | Average Occupancy | 96% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1962 |
| Apartment Style | Low-Rise | ||
| Zoning | R35, Oakland | ||
| Price | $2,627,895 CAD |
| Price Per Unit | $262,789 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 8,570 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1962 |
| Zoning | R35, Oakland |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 012-1006-015-00 | Improvements Assessment | $1,865,044 CAD |
| Land Assessment | $760,364 CAD | Total Assessment | $2,625,408 CAD |
Property Taxes
Parcel Number
012-1006-015-00
Land Assessment
$760,364 CAD
Improvements Assessment
$1,865,044 CAD
Total Assessment
$2,625,408 CAD
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4121 Opal St
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