10582 Topanga Dr, Oakland, CA 94603
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10582 Topanga Dr, Oakland, CA 94603
10582 Topanga Dr, Oakland, CA 94603
10582 Topanga Dr, Oakland, CA 94603
10582 Topanga Dr, Oakland, CA 94603
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$ 900,000
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10582 Topanga Dr Oakland, CA 94603

12 Beds

3,584 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,584 sqft

Price per Sqft $251

Subdivision Sobrante Park

MLS Listing ID 41148085

Bedrooms 12

HOA Y/N No

Year Built 1965

Lot Size 5,378 Sqft

Acres 0.12

Property Sub-Type Quadruplex

Property Description

To access the marketing package copy/paste: https://bit.ly/kitehillre 10582 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 approaching 8% and an 8.47 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.

Location

State CA

County Alameda

Rooms

Basement None

Interior

Interior Features Storage Area(s)

Heating Natural Gas

Cooling Other

Flooring Wood

Fireplace No

Laundry Washer/Dryer Stacked Incl

Exterior

Utilities Available Individual Electric Meter, Individual Gas Meter

Building

Lot Description Rectangular Lot, Paved

Sewer Public Sewer

Water Public

New Construction No


Bridge MLS
Listed by Jatin Mehta • Kite Hill Real Estate

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10582 Topanga Dr