5445 Broadway, Oakland, CA 94618
- $2,225,000
- Sold Price
- $2,225,000
- List Price
- $2,225,000
- Closing Date
- Oct 15, 2025
- Status
- CLOSED
- MLS#
- 41107823
- Year Built
- 1958
- Lot Size
- 4,000
- Acres
- 0.09
- Lot Location
- Street Level
- Days on Market
- 37
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Neighborhood
- Rockridge
Property Description
We are pleased to present 5445 Broadway, an 8 unit multifamily investment property located in the highly attractive Rockridge neighborhood of North Oakland. The property was built in 1958 and consists of 6 one bedroom units and 2 two bedroom units. Owner has completed many building improvements, reducing the potential capital expenses for the next owner. Building improvements include: polyurethane foam roof, earthquake retrofit, garage security gate, $100,000 in unit upgrades, replaced electrical boxes and deck / handrailing repairs to be complete by Close of Escrow. 5.87% Current Cap (6.59% Market Cap). 10.73 Current GRM (9.91 Market GRM).
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Additional Information
- Taxes
- $35,863
- Appliances
- Gas Water Heater, Dryer, Washer
- Heat
- Natural Gas, Wall Furnace
- Cooling
- Yes
- Cooling Description
- See Remarks
- Exterior Construction
- Stucco, Wood Siding
- Roof
- Foam
- Attached Structure
- Detached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $215,366
Listing courtesy of Listing Agent: Joseph Owens (joe.owens@marcusmillichap.com) from Listing Office: Marcus & Millichap.
Listing sold by OUT OF AREA OUT from OUT OF AREA - NON MEMBER
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.