Log In/Sign Up
Your email has been sent.
6446-6452 Colby St 9 Unit Apartment Building $3,166,847 CAD ($351,872 CAD/Unit) 6.03% Cap Rate Oakland, CA 94618
INVESTMENT HIGHLIGHTS
- Exceptional Rockridge 9-unit with 6.03% cap rate and 10.49 GRM
- Individually metered gas and electric utilities
- Prime location near Rockridge and Elmwood shopping, dining and entertainment
- Nine desirable 1bd/1ba units, ideally positioned for young professionals and grad students
- Charming 1910 construction exuding timeless charm
- Walking distance to Rockridge BART and close to major freeways
EXECUTIVE SUMMARY
Introducing 6446-6452 Colby Street, a 9-unit multifamily property located at the northern edge of the Rockridge neighborhood, bordering Berkeley's Elmwood neighborhood. This 1910 vintage building boasts 9 units, consisting of four (4) x 1-bed 1-bath units with a parlor (dining room) measuring approximately 615 Sq. ft.; four (4) x 1-bed 1-bath units of approximately 580 sq. ft. and a non-conforming cottage in the back yard. The units have been meticulously cared for over the years and have received many upgrades upon turnover including: new hardwood floors, countertops and cabinets. The entire property was upgraded to circuit breakers from fuses and also received a new foundation approximately 25 years ago. Located on a quiet street in the desirable Rockridge area, this prime location is an exceptional find for those seeking to add a valuable asset to their real estate portfolio.
Located in the classic Rockridge neighborhood, a prime location for young professionals who can walk to the Rockridge BART as well as local shopping, dining and entertainment. The property enjoys close proximity to the University of California, Berkeley, and the Claremont hotel which has athletic club facilities where the Berkeley Tennis Club plays, both major draws for potential tenants. Residents can also take advantage of the thriving arts and culinary scene, as well as nearby parks and outdoor spaces, creating a desirable lifestyle for prospective tenants. With easy access to public transportation, major freeways and the bustling shops and eateries along College Avenue, this location offers an exciting investment opportunity in a dynamic and desirable community.
Located in the classic Rockridge neighborhood, a prime location for young professionals who can walk to the Rockridge BART as well as local shopping, dining and entertainment. The property enjoys close proximity to the University of California, Berkeley, and the Claremont hotel which has athletic club facilities where the Berkeley Tennis Club plays, both major draws for potential tenants. Residents can also take advantage of the thriving arts and culinary scene, as well as nearby parks and outdoor spaces, creating a desirable lifestyle for prospective tenants. With easy access to public transportation, major freeways and the bustling shops and eateries along College Avenue, this location offers an exciting investment opportunity in a dynamic and desirable community.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,166,847 CAD | Property Subtype | Apartment |
| Price Per Unit | $351,872 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.03% | Lot Size | 0.15 AC |
| Gross Rent Multiplier | 10.49 | Building Size | 4,640 SF |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1910 |
| Price | $3,166,847 CAD |
| Price Per Unit | $351,872 CAD |
| Sale Type | Investment |
| Cap Rate | 6.03% |
| Gross Rent Multiplier | 10.49 |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,640 SF |
| No. Stories | 2 |
| Year Built | 1910 |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 9 | - | 544 - 615 |
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Biker's Paradise (99)
PROPERTY TAXES
| Parcel Number | 016-1413-041-00 | Improvements Assessment | $1,540,233 CAD (2025) |
| Land Assessment | $660,363 CAD (2025) | Total Assessment | $2,200,596 CAD (2025) |
PROPERTY TAXES
Parcel Number
016-1413-041-00
Land Assessment
$660,363 CAD (2025)
Improvements Assessment
$1,540,233 CAD (2025)
Total Assessment
$2,200,596 CAD (2025)
CONTACTS
-
Grant Chappell -
Jonathan Burmenko -
Robert Chappell -
Sam Hayes -
NAI Northern California
1 of 25
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
6446-6452 Colby St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.