Christopher Danesi at RE/MAX Accord - 925.998.7426
East Bay Condo ManiaMLS: 41131088 $1,088,000
Bedrooms with Baths8811 A STREET
OAKLAND CA 94621MLS: 41131088
Status: ACTIVE
List Price: $1,088,000
Price per SQFT: $281
Square Footage: 3878Bedrooms
Baths
Year Built: 1951
Zip Code: 94621
Listing Remarks
Turnkey 5-Unit Investment Property – Offered at $1.088M Fully renovated gated apartment with on-site parking, situated on a 5,793 SF lot with approximately 3,878 SF of living space. Exceptional opportunity to acquire a well-maintained 5-unit apartment building featuring spacious 2-bedroom / 1-bath units, thoughtfully upgraded for modern living and long-term performance. This income-producing property has undergone extensive recent improvements, including a new roof, updated electrical panels and breakers, upgraded heating systems, fresh interior and exterior paint, new flooring throughout, modern kitchen cabinets and countertops, updated bathrooms, and new lighting fixtures and window coverings. Each unit offers a bright, clean, and functional layout, appealing to today’s renters seeking comfort and convenience. All units have separate electrical, gas, and water meters, presenting excellent potential for a future condo conversion (subdivide and resell each unit individually for strong profit upside). The property generates strong rental income of over $10,000/month gross, offering excellent cash flow with high cap rate potential. Major system upgrades have already been completed, resulting in a low-maintenance, turnkey investment with no immediate rehab required. Additional features include gated entry for privacy and security, on-site parking, a quiet and well-maintained setting, and a front garden area that enhances tenant appeal. Non-Soft-Story-Building-Certified and Approved by the City of Oakland Ideal for both cash flow investors and 1031 exchange buyers seeking a stabilized asset in a strong rental market. Actual rent roll and pro forma available upon request. Offers reviewed as received.
Address: 8811 A STREET OAKLAND CA 94621
Listing Agent: DANIEL LIANG of REAL ESTATE EBROKER INC
Condo Mania Agent
Chris Danesi
RE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard LISTING CONTRACT DATE: 2026-04-15 LIVING AREA SQ FT: 3878 BUILDING AREA TOTAL: 3878 YEAR BUILT: 1951 CONSTRUCTION: Other EXTERIOR FEATURES: Garden FLOORING: Vinyl, Carpet HEATING: Wall Furnace COOLING: None LOT FEATURES: Level PARKING FEATURES: Attached, Garage Faces Front PROPERTY TYPE: COMM RI MULTI-UNITS 5+ PROPERTY SUB TYPE: Lowrise (1-3 Flrs) LISTING AGENT: DANIEL LIANG LISTING OFFICE: REAL ESTATE EBROKER INC
Estimated Monthly Payments
List Price: $1,088,000 20% Down Payment: $217,600 Loan Amount: $870,400 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $5,502 Estimate does not include taxes, fees, insurance.
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Property Location: 8811 A STREET OAKLAND CA 94621
This Listing
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Condo Mania Agent
Chris Danesi
RE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.
Last Updated: 2026-06-06
