4-Units | Oakland

East Oakland is a diverse and established part of the city offering convenient access throughout the greater Bay Area. The area is supported by major transportation corridors including I-880 and I-580, providing connectivity to Downtown Oakland, San Leandro, Alameda, and surrounding employment centers. Residents benefit from proximity to a wide range of everyday shopping, dining, and services. Major retailers including Costco, Walmart, and Home Depot are within a short drive, while neighborhood commercial corridors provide additional local businesses and conveniences. Oakland International Airport is also easily accessible, making the location convenient for residents who travel throughout the region. East Oakland continues to offer comparatively attainable housing within the broader Oakland market, supporting demand from renters seeking space, parking, and accessibility. Multifamily properties in the area can provide investors with attractive income fundamentals and competitive yields relative to many of Oakland’s higher-priced neighborhoods. Walk Score: 46 Transit Score: 38 Bike Score: 4810582 Topanga Dr presents an attractive opportunity to acquire a four-unit multifamily property in Oakland’s Sobrante Park neighborhood. Offered at $900,000, the property features a desirable unit mix of four spacious 3-bedroom, 1-bathroom apartments, along with 1:1 off-street parking. The property offers strong in-place income with a cap rate above 7.5% and an 8.76 GRM. At just $225,000 per unit, investors can acquire four large 3-bedroom apartments at a compelling basis while benefiting from solid cash flow. The property has also been recently painted, improving its overall curb appeal. The all-3-bedroom unit mix is a standout feature, offering larger floor plans that appeal to households seeking additional space. Combined with dedicated off-street parking for every unit, the property provides features that help differentiate it from many competing multifamily properties in the area. Located in Sobrante Park in East Oakland, 10582 Topanga Dr is approximately a 10-minute drive from Oakland International Airport and offers convenient access to Costco, Home Depot, Walmart, I-880, and other major East Bay amenities. With strong current income, large units, dedicated parking, and an attractive $900,000 asking price, 10582 Topanga Dr offers investors a compelling combination of cash flow and value in the Oakland multifamily market.