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1608 Myrtle Street
  • sq. ft 3,970
$995,000
  • Status Active
  • Property Type Multi-Family

About This Property

8.5%+ CAP | 6 Units in West Oakland

6 Units · 2 structures · 3,970 sqfT

Welcome to an outstanding investment opportunity: a lucrative 6-unit property consisting of two structures, strategically situated in the Oak Center neighborhood of West Oakland. Positioned on a corner lot, this property boasts impressive performance with a CAP rate exceeding 8.5%. Each unit is equipped with individual PG&E meters, offering convenience and efficiency for both landlord and tenants. Noteworthy is the exemption from soft-story retrofit requirements and the sewer lateral compliance in accordance with the City of Oakland's regulations.

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