Exceptional Oakland Investment

$2,630,000
5445 Broadway, Oakland
Presented by
Ganice Morgan-Austin

Contemporary 8 unit building

Discover an exceptional investment opportunity in the heart of Rockridge with this charming 8-unit residential building. Ideally located just moments from vibrant College Avenue.  Built in 1958 , the 4344 square-foot building features a thoughtfully designed mix of units: six cozy 1-bedroom, 1-bath apartments and two generous 2-bedroom, 1-bath residences. Each unit offers its own distinct appeal, complemented by a secure entry system for added peace of mind and an on-site laundry facility for convenience. The property also includes a parking lot with  5 dedicated spaces and separate metering for gas and electric (plus one electric house meter), ensuring comfort and autonomy for all residents. This property presents an excellent opportunity for investors seeking a steady income stream in a prime location, surrounded by shops and restaurants, a lively neighborhood atmosphere, and top-notch amenities. this property enjoys unparalleled access to Highway 24, Berkeley and Rockridge BART stations, as well as a dynamic mix of shops, restaurants, and cafes.

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Neighborhood

Cross Alcatraz Avenue, which divides Oakland and Berkeley, and youā€™ll find yourself in Rockridge, one of Oakland's most desirable, charming, and convenient neighborhoods. Housing in Rockridge is a combination of charming bungalows, cottages, classic Arts and Crafts dwellings, and large brown-shingle houses. Its leafy streets are mainly residential.
Rockridge offers an easy commute into San Francisco via the Bay Area Rapid Transit (BART) station, as well as access to the University of California, Berkeley Campus. The 100-year-old, four-acre campus of the California College of Art and Crafts is nearby. Food-and-drink purveyors in Rockridge provide the best from around the world and local farms. Rockridge Market Hall, which takes its cue from the French MarchƩ, offers numerous individual food and flower shops open to the sidewalk. Dozens of restaurants, cafes, and boutiques line bustling College Avenue, Rockridge's main drag.
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Ganice Morgan-Austin

Compass

RealtorĀ® Associate

DRE:
#01503415
Mobile:
510.520.9988

www.Ganice.com

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