2719 Harrison St
Oakland, CA 94612
Multifamily Property For Sale · 5 Units
EXECUTIVE SUMMARY
An unbeatable investment opportunity, 2719 Harrison Street is in Oakland’s thriving Oakland Avenue / Harrison Street district, making it a high-demand rental property with exceptional growth potential. Just minutes from Lake Merritt, Downtown Oakland, and 19th St. BART Station, this location offers tenants unmatched urban convenience and seamless access to the entire Bay Area. Whether commuting to San Francisco or enjoying the nearby vibrant dining and entertainment scene, this property ensures consistent tenant demand. Its walkable neighborhood and proximity to employment hubs, cultural venues, and top-rated amenities make it one of the most sought-after rental locations in Oakland.
This modernized fourplex features four legal spacious 2bd/1ba units and a 1bd/1ba unit with updated interiors and contemporary finishes, attracting high-quality tenants at premium rents. The property includes dedicated parking and a shared laundry room, enhancing tenant convenience and retention. One unit is tenant-occupied, meaning four of the units will be delivered vacant, allowing the new owners to set market rents. The vacant units also offer owner-occupancy potential, allowing an investor to live in one unit while collecting rental income from the others. With a projected $14K in monthly income, 2719 Harrison Street delivers turnkey cash flow, low maintenance costs, and long-term appreciation, making it a rare opportunity in Oakland’s fastest-growing rental market. Don’t miss out on securing this high-yield, strategic investment!
This modernized fourplex features four legal spacious 2bd/1ba units and a 1bd/1ba unit with updated interiors and contemporary finishes, attracting high-quality tenants at premium rents. The property includes dedicated parking and a shared laundry room, enhancing tenant convenience and retention. One unit is tenant-occupied, meaning four of the units will be delivered vacant, allowing the new owners to set market rents. The vacant units also offer owner-occupancy potential, allowing an investor to live in one unit while collecting rental income from the others. With a projected $14K in monthly income, 2719 Harrison Street delivers turnkey cash flow, low maintenance costs, and long-term appreciation, making it a rare opportunity in Oakland’s fastest-growing rental market. Don’t miss out on securing this high-yield, strategic investment!
PROPERTY FACTS
| Price Per Unit | $443,136 CAD |
| Sale Type | Investment |
| Cap Rate | 7.32% |
| Gross Rent Multiplier | 8.9 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 3,648 SF |
| No. Stories | 2 |
| Year Built | 1922 |
| Parking Ratio | 0.55/1,000 SF |
UNIT AMENITIES
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $2,930 CAD | 367 |
| 2+1 | 4 | $4,221 CAD | 800 |
PROPERTY TAXES
| Parcel Number | 010-0800-003-00 | Improvements Assessment | $1,777,125 CAD |
| Land Assessment | $761,625 CAD | Total Assessment | $2,538,750 CAD |
ZONING
| Zoning Code | RM-3 (Mixed Housing Residential 3) |
