5492 Ruth Ave, Oakland, CA, 94601

Highlights

• All 2 Bed 1 bath units with one vacant unit
• Each unit includes: Individual garage, Private Storage Closet, Exterior Space & Dedicated Water Heater
• 2019 Seismic Retrofit
• Basement built out with additional tenant storage and laundry facility
• Professionally managed property
• Solid income with upside potential

Description

Fantastic opportunity to acquire a well-maintained 4-plex in the desirable Maxwell Park neighborhood of Oakland, ideal for both investors and owner-occupants. The property features four spacious 2-bedroom, 1-bathroom units, each offering a dedicated individual garage, private storage closet, exterior space, and a dedicated water heater. One unit is currently vacant and rent-ready, offering immediate leasing potential or an excellent opportunity for an owner-user to occupy.
Significant upgrades enhance the building’s durability and functionality, including a 2019 seismic retrofit for improved structural safety and satisfy soft story compliance. The basement level has been thoughtfully built out, adding additional tenant storage closets and a convenient on-site laundry facility. The rear stairway has been completely rebuilt as well.
With rents near market rate and one recently updated unit, this property provides stable income today with room for additional upside.

TBD