| CREOP

Unleash the potential of 9601 B Street Oakland, a six-unit gem in need of substantial TLC. Nestled in the vibrant Elmhurst neighborhood of Oakland. Boasting four 2-bedroom/1-bath units with an enclosed garage and laundry hook ups, this property offers a lucrative opportunity for savvy investors. These 4 units are not subject to rent control. The duplex on-site features an upstairs unit with 4 bedrooms and 1 bath, along with a downstairs unit mirroring the same layout. With 2:1 off-street parking and ample storage, this property is a commuter's dream, situated near the 98th Street interchange to highway 80. The current rental rates, significantly below market value, present a golden chance for substantial rental upside through turnovers, capital improvements, or tenant buy-outs. Ideal for both seasoned and new investors seeking passive income and equity growth, with a current GRM of 10.24 and a CAP rate of 7.1%. For more information, reach out to the agent via the property website.

9601 B Street Oakland is a six-unit property in Oakland's Elmhurst neighborhood. This neighborhood is strategically located close to the 98th Ave interchange to highway 80 and a close distance to Oakland Airport, highway 238 and the Hayward-San Mateo Bridge, making for an easy commute to Silicon Valley.