9833 Walnut St, Oakland, CA 94603

Oakland
Local realty services provided by:ERA Excel Realty
9833 Walnut St,Oakland, CA 94603
$850,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jatin mehta
Office: kite hill real estate855-450-0442
MLS#:41144574
Source:CRMLS

Price summary

  • Price:$850,000

About this home

To access the marketing package copy/paste: https://bit.ly/kitehillre Introducing 9833 Walnut Street, a high-yield multifamily investment offering exceptional in-place cash flow with substantial value-add potential. Built in 1963, the property features an outstanding unit mix of (3) one-bedroom/one-bath units, (2) two-bedroom/one-bath units, and (1) three-bedroom/two-bath unit—a diverse mix that appeals to a broad tenant base and supports long-term occupancy. The asset generates nearly $105,000 in annual gross income and is offered at just over an 8.0 GRM, over a 7.0% cap rate, approximately $220 per square foot, and $170,000 per unit. With strong in-place cash flow and a projected 30% upside in rental income translating to approximately 50% upside in NOI, investors have a rare opportunity to acquire an asset that performs on day one while offering significant future growth. Recent capital improvements include a completed earthquake retrofit and a new perimeter fence, reducing...

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Home facts

  • Year built:1963
  • Subdivision & Development:IVY WOOD EXT.
  • Listing ID #:41144574
  • Added:2 day(s) ago
  • Updated:August 14, 2026 at 11:19 AM

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1963
  • Lot area:0.17 Acres
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$850,000

Parking

  • Total parking spaces:4
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