4609 Bond St, Oakland, CA for sale

Investment Overview

The Mitchell Warren Team is pleased to present 4609 Bond Street, a twenty-eight (28)-unit multifamily property located in Oakland's Fruitvale neighborhood. The approximately 15,464 square foot building features an attractive unit mix of sixteen (16) studio units and twelve (12) one-bedroom/one-bathroom units, providing broad tenant appeal and stable in-place income. A true turnkey investment, the property has undergone extensive capital improvements, including fully renovated interiors, upgraded electrical subpanels, plumbing and roof improvements, seismic upgrades, a new water heater, and a solar water heating system that enhances operating efficiency. The asset offers immediate cash flow with additional upside through below-market rents and continued rental growth. With its desirable unit mix, extensive upgrades, and long-term upside, 4609 Bond Street presents a compelling investment opportunity in one of Oakland's most established rental markets.

Investment Highlights

• 28-unit multifamily property with an efficient unit mix of 16 studios and 12 one-bedroom/one-bathroom units.
• Extensively renovated asset featuring remodeled interiors, upgraded electrical subpanels, plumbing and roof improvements, seismic upgrades, a new water heater, and a solar water heating system.
• Immediate cash flow with additional upside through below-market rents and continued rental growth.
• Prime Fruitvale location minutes from Fruitvale BART, International Boulevard, Interstate 580, and Interstate 880, providing convenient access throughout the Bay Area.
• Strong rental demand driven by proximity to Downtown Oakland, Jack London Square, Alameda, San Francisco, and numerous neighborhood retail and dining amenities.
• Well-maintained investment opportunity with significant completed capital improvements, reducing near-term capital expenditure requirements for new ownership.