647 Beacon St

Oakland, CA 94610

\ For Sale

$1,495,000

4-Unit Apartment Building

Investment Highlights
  • Not Subject to Oakland Rent Control
  • AC in Units
  • Common Laundry
  • Outdoor Deck and Garden Area
  • ADU Potential (buyer to confirm)

EXEMPT RENT CONTROL IN OAKLAND! Exceptional opportunity to own a beautifully maintained fourplex in one of Oakland’s most sought-after neighborhoods. Featuring one vacant unit ready for an owner-occupant or new tenant, this property offers strong income potential with excellent existing rents and significant upside. Rich in Art Deco character and architectural charm, the building offers bright, spacious units with lovely views, eat-in kitchens, formal dining rooms, generous living rooms, and versatile bonus spaces. Ideally located just blocks from Lake Merritt, Grand Avenue, the Farmers Market, popular dining destinations, shopping, and convenient transportation options. A rare opportunity for investors and owner-occupants alike.

Year Built

1925

Number of Units

4

Price/Unit

$373,750

Square Feet

4,752

Cost/Sq. Foot

$315

CAP

5.59%

GRM

11.29

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