Property Detail

2124 90th

Oakland CA 94603

$4,995,000

Status: Active

Property Details

Description

32 apartments, mostly townhome style, in two 16-unit, two-story buildings on two parcels, built in 1964: 26 two-bedrooms, 5 three-bedrooms and 1 four-bedroom in about 28,000 SF on about 0.64 acres. Gated, with on-site parking and two laundry rooms. City of Oakland soft-story exemption granted in 2024. Subject to a City of Oakland regulatory agreement through 12/2032 (at least 8 units at 80% AMI or below). Market rents run about 26% above in-place rents. In East Oakland off MacArthur Boulevard with quick I-580 access, near Coliseum BART / Amtrak, Eastmont Town Center and Oakland Airport. 11.43% current cap; 14.25% pro forma cap. Taxes reflect the seller's current welfare exemption; buyer to verify. Motivated ownership: all offers reviewed; Q4 2026 close preferred.

Map Location

Listing provided courtesy of Alina Siert of KW Advisors. Last updated 2026-10-12 08:42:37.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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