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UNDER CONTRACT 969 54th St

2 Unit Block of Flats £468,688 (£234,344/Unit) Oakland, CA 94608

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Investment Highlights

Property consists of two 1-bedroom, 1-bathroom units
In-unit laundry in both units for added convenience
Excellent investment opportunity with stable rental income in a desirable location with strong market demand

Individually metered for water, gas, and electric to minimize operating expenses
Large 6,664 SF ?ag lot o?ering signi?cant outdoor space, privacy, and potential for future development

Executive Summary

The Mitchell Warren team is pleased to present 969 54th Street, a duplex located in a prime North Oakland neighborhood. This wellmaintained property consists of two 1-bedroom, 1-bathroom units, each individually metered for water, gas, and electric, keeping operating expenses low. Both units feature the convenience of in-unit laundry. Recent upgrades include brand-new electrical systems, modern vinyl windows, and new cedar siding, enhancing energy efficiency and longevity. Situated on a large 6,664 SF flag lot, the property offers significant outdoor space, privacy and potential for future development. This is an excellent investment opportunity, offering stable rental income in a highly desirable location with strong market demand.
969 54th Street is located in the vibrant Gaskill neighborhood of North Oakland, a highly sought-after area for tenants prioritizing convenience and accessibility. Commuters will appreciate the property's proximity to major city bus lines just a block away and its short drive to both Ashby and MacArthur BART stations, making travel throughout the Bay Area quick and easy. Beyond transportation, the location boasts a wealth of nearby shopping, dining, and entertainment options. With a variety of cafes, markets, and services just a stone's throw away, residents enjoy a lively urban atmosphere that caters to both lifestyle and daily needs.

Property Facts

Price	£468,688	Building Class	C
Price Per Unit	£234,344	Lot Size	0.15 AC
Sale Type	Investment	Building Size	1,295 SF
No. Units	2	Average Occupancy	100%
Property Type	Residential	Number of Floors	1
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park Office Office Residential Multifamily Dormitory	Year Built	1908
Apartment Style	Garden	Parking Ratio	3.86/1,000 SF

Price	£468,688
Price Per Unit	£234,344
Sale Type	Investment
No. Units	2
Property Type	Residential
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park Office Office Residential Multifamily Dormitory
Apartment Style	Garden
Building Class	C
Lot Size	0.15 AC
Building Size	1,295 SF
Average Occupancy	100%
Number of Floors	1
Year Built	1908
Parking Ratio	3.86/1,000 SF