Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

946 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

UNDER CONTRACT 823-825 55th St 6 Unit Apartment Building $2,420,932 CAD ($403,489 CAD/Unit) 6.48% Cap Rate Oakland, CA 94608

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

Six-unit multifamily property totaling ±4,926 square feet on a ±5,000-square-foot lot in North Oakland’s coveted Bushrod neighborhood
Fully remodeled units featuring in-unit washers and dryers while preserving classic turn-of-the-century architectural charm
Prime location between Temescal, Rockridge, and Berkeley with walkable access to cafés, parks, and cultural amenities

Desirable mix of large 1BD and 2BD units split between a front fourplex and rear duplex
Significant capital improvements, including new electrical and plumbing, new windows, exterior paint, and a new roof on the rear building
Near Ashby and MacArthur BART stations, AC Transit lines, and surrounded by average household incomes exceeding $160,000 within one mile

EXECUTIVE SUMMARY

The Mitchell Warren Team is pleased to present 823–825 55th Street, a ±4,926-square-foot, six-unit multifamily property 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 cash flow and represents a true turnkey opportunity for the next investor.
823–825 55th Street is located in Oakland’s Bushrod 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. Average household incomes exceeding $160,000 within a one-mile radius. Whether targeting long- term tenants or appealing to young professionals and students, this location offers unmatched lifestyle convenience and long-term rent growth potential.

PROPERTY FACTS

Price	$2,420,932 CAD	Building Class	C
Price Per Unit	$403,489 CAD	Lot Size	0.11 AC
Sale Type	Investment	Building Size	4,980 SF
Cap Rate	6.48%	Average Occupancy	100%
No. Units	6	No. Stories	2
Property Type	Multifamily	Year Built	1910
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential Multifamily Dormitory	Parking Ratio	0.4/1,000 SF
Apartment Style	Low-Rise
Zoning	R-40, Oakland

Price	$2,420,932 CAD
Price Per Unit	$403,489 CAD
Sale Type	Investment
Cap Rate	6.48%
No. Units	6
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential Multifamily Dormitory
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.11 AC
Building Size	4,980 SF
Average Occupancy	100%
No. Stories	2
Year Built	1910
Parking Ratio	0.4/1,000 SF
Zoning	R-40, Oakland