848 International Boulevard presents a well-maintained 7-unit multifamily investment opportunity in a strong rental market. The property features a highly desirable unit mix consisting primarily of spacious three-bedroom units, catering to strong and consistent rental demand from families and shared households. Since acquiring the property in 2018, ownership has invested… Read More significantly in capital improvements, including approximately $110,000 to complete Oaklands mandatory soft-story seismic retrot in 2024substantially reducing future structural risk and bringing the property into compliance with current city requirements. Additionally, four units have undergone major renovations to enhance interior appeal and positioning the asset for continued rental upside. With a combination of in-place income stability and value-add potential through further unit upgrades, the property offers investors a balanced prole of durability and growth. Its corner lot positioning, functional layout, and ongoing improvements make it an attractive long-term hold in a supply-constrained rental market. Read Less
Courtesy of Marcus & Millichap, Sam Runco 650-759-3414
Listing Snapshot
Days Online
4
Last Updated
Property Type
Five Or More Units
Square Ft.
8,348
Lot Size
0.11 Acres
Year Built
1910
MLS Number
ML82045376
30 Days Snapshot Of 94606
$950k
0%
(avg) sold price
62
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Utilities
Separate Electric, Master Electric, Master Water, Other
Lot
Max Area: 5000.00, Max Area Units: Square Feet, Lot is 0.1147842056933 acres
Accessibility Features
None
Unit One
Rent: $1,101, 3 bedrooms
Unit Two
Rent: $2,699, bedrooms: 3
Building
8,348 structure square feet, Age: 116, Built in 1910, 1 building, 7 minimum units in complex
Cooling
None
Foundation
Other
Garage
Covered Parking
Water Features
Other
Heating
Wall Furnace
Tenant Pays
Utilities - Electric
Miscellaneous
Total expenses: 46155
Property
Zoning: CN-3
Roof
Tar and Gravel
Security Features
Other
Taxes
Annual tax amount: $21,740
Sewer
Other
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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