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Parisa Samimi

parisa@parisagroup.com +1(510) 410-4050

$1,680,000

Est. payment - /mo

3,651 SqFt

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UPDATED:

10/22/2024 12:44 AM

Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,651 sqft

Price per Sqft $460

MLS Listing ID 41067914

HOA Y/N No

Year Built 1908

Lot Size 4,400 Sqft

Acres 0.1

Property Description

Welcome to 5865 Marshall St. This fantastic 8-unit building is nicely located on the border of Emeryville. 5 minutes to the Amtrak station. Walk-able to Doyle Hollis Park and the popular Townhouse Bar and Grill Restaurant. 6 minutes to the famous Bay Street shopping center. You can also travel the world one bite at a time at the Public Market Food Hall. UC Berkeley is about 15 minutes away. Conveniently located on a quiet street. This charming well-maintained building has 8 1BR/1BA with high ceilings and separated PG&E meters. Upgrades included new laminated wooden floors, exterior and interior paint and new landscape improvements. There is also new Terra Cotta tile installed in a large, beautiful patio area, new French drain and fences. Sewer lateral is in compliance. Unit #4, #5 and #7 are totally renovated with high-end style. Owner unit #6 will deliver vacant at closing. Market rent is $1800.00. Excellent 34% upside in 6.96% cap rate. In high demand, offering an exceptional investment opportunity with great upside and stable income from long-term tenants. This truly is pride of ownership and will make any owner proud. Motivate Seller! OM is available as request. 3D tour https://my.matterport.com/show/?m=UAsuoXGFhB7

Location

State CA

County Alameda

Area Listing

Rooms

Basement Partial, Separate Entry

Interior

Heating Electric, Forced Air, Individual Rm Controls, Hot Water, MultiUnits, Wall Furnace

Cooling Other, Multi Units

Flooring Laminate, Partial Carpeting, Stone, Tile, Wood

Fireplace No

Window Features Double Pane Windows,Window Coverings

Appliance Washer, Gas Water Heater

Exterior

Utilities Available Water/Sewer Meter on Site, Sewer Connected, All Public Utilities, Internet Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter

Building

Lot Description Regular, Front Yard, Street Light(s)

Sewer Public Sewer

Water Sump Pump, Public

New Construction No

Others

Tax ID 15133328

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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listed by Anna Li • Better Homes and Gardens RP

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Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

5865 Marshall Street Oakland, CA 94608

Parisa Samimi

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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5865 Marshall Street