9716 Mountain Blvd, Oakland, California 94605, Oakland, 94605 - 0 bed, 0 bath
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Oakland, California 94605
This Turnkey Multifamily Asset is listed at $1,250,000, offering a stabilized income stream in Oakland’s residential Sequoyah neighborhood. While the listing sits above the $1,158,625 Fair Market Value, the property’s Good Condition Rating and recent interior upgrades to kitchens and flooring significantly reduce near-term capital risks. Boasting a projected Gross Income of $123,540 and 75% occupancy, the property features desirable Hills and Mountain Views and low owner utility expenses. This asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants prioritizing a polished, income-ready investment.
Property is move-in ready.
The property, built in 1961, has undergone recent interior upgrades across all units, including new flooring, updated kitchen cabinets and countertops, and new windows. The images confirm these updates, showing clean, freshly painted interiors with modern laminate flooring, updated kitchen cabinets and basic granite-look countertops, and a contemporary vanity light in the bathroom. While the kitchen appliances are basic white models and the bathroom tub surround features older-style tiles, the units are move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
Significant interior upgrades, including new flooring, updated kitchen cabinets/countertops, and new windows across all units, reduce immediate capital expenditure needs and enhance tenant appeal.
With 75% occupancy and one vacant unit projected at market rent, the property offers a stable in-place income stream and immediate upside potential to achieve a total gross income of approximately $123,540.
Tenants are responsible for their own PG&E and water, which significantly minimizes utility-related operating costs for the property owner.
One of the four units is currently vacant, representing a temporary loss of income and requiring active management to secure a new tenant at market rate.
The owner is responsible for trash removal, which is an ongoing operating expense that could potentially be passed on to tenants in other investment models.
Built in 1961, the property's age suggests potential for future capital expenditures on major systems (e.g., roof, plumbing, electrical) despite recent interior cosmetic upgrades.
9716 Mountain Blvd is a four-unit multifamily property consisting of all two-bedroom, one-bathroom units, each approximately 800 SF Ownership has completed recent interior upgrades across all units, including new flooring, updated kitchen cabinets and countertops, and new windows, reducing near-term capital expenditures and enhancing tenant appeal. The property is currently 75% occupied, with three units generating in-place income and one vacant unit projected at market rent, resulting in a total gross income of approximately $123,540 based on current and pro forma rents. Tenants pay for their own PG&E and water, while ownership is responsible for the trash removal. Located in Oakland's Sequoyah neighborhood within the 94605 Zip Code, the property benefits from a primarily residential setting with access to local amenities, parks, and transportation, supporting consistent rental demand.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.3 mi
Grades K-5 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,130 | 2,488 | 57% |
| Lot Size | 6,450 | 4,720 | 71% |
| Price | $1.25M | $720.0K | 86% |
| Price per sq ft | $399 | $294 | 57% |
| Built year | 1961 | 1961 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 98 | 204 | 29% |
Apr 4, 2026
$1,250,000
$1,300,000
-4% Price Drop
Initial Listing
Jan 14, 2026
$1,300,000
Initial Listing
May 4, 2022
$1,400,000
Public Record
Feb 21, 2001
$425,000
Public Record