Description

Excellent opportunity to acquire a fully tenant-occupied five-unit property in a highly desirable and convenient North Oakland location. Generating $10,141 in monthly rental income ($121,692 annually), this income-producing property features spacious units, several of which have been extensively updated. Additional highlights include a common laundry room with existing hookups, offering the opportunity to install machines and create an additional income stream, as well as easy-care landscaping. A tenant-maintained vegetable garden is anticipated to be converted to drought-resistant landscaping. Ideally located near AC Transit and Transbay bus service, with convenient access to BART, Temescal, Rockridge, and the shopping, dining, and neighborhood amenities along Telegraph Avenue and College Avenue. Easy access to Berkeley, Emeryville, and other major Bay Area destinations. A compelling opportunity for investors seeking a fully occupied multifamily property with established rental income in a sought-after Oakland location.

Property details

Year built

1966

Property type

Residential Income

Lot size

5,809 sqft

Location

901 55Th St • Oakland, CA 94608

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Listed by

Michael Braillard · Corcoran Icon Properties

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Recent sales near 901 55Th St

943 56Th St: Sold $575,000 · 2 bd · 1 ba · 520 sqft · Jul 2026 · 0.1 mi
Golden Gate Sothebys International Realty | DRE #01318679
Buyer's agent: Vinson Trac, LPT Realty | DRE #01835996
956 53Rd St: Sold $565,000 · 2 bd · 1 ba · 1,103 sqft · Aug 2026 · 0.1 mi
BHG RE Reliance Partners | DRE #01120689
Buyer's agent: Denise Rizkalla, BHG RE Reliance Partners | DRE #02132877
876 880 52nd St: Sold $900,000 · Jul 2026 · 0.2 mi
BHG RE Reliance Partners | DRE #01352129
Buyer's agent: Jo Judith Zunic, Keller Williams Realty | DRE #02100254
825 57TH STREET: Sold $1,080,000 · Aug 2026 · 0.2 mi
KW Advisors East Bay | DRE #01313613
Buyer's agent: Katie Pratt, Kai Real Estate | DRE #02021256
5775 Adeline St: Sold $611,000 · 2 bd · 1 ba · 1,026 sqft · Jul 2026 · 0.3 mi
Coldwell Banker Realty | DRE #01865464
Buyer's agent: Ellen Martinez, Compass | DRE #02135069
1047 48th street: Sold $754,000 · 4 bd · 3 ba · 1,496 sqft · Aug 2026 · 0.3 mi
Golden Gate Property Management, Inc | DRE #02215438
Buyer's agent: Daniel Bo, Harvest Real Estate Group | DRE #01928841
1028 57Th St: Sold $845,000 · 3 bd · 2 ba · 1,087 sqft · Sep 2026 · 0.3 mi
Coldwell Banker Realty | DRE #01186643
Buyer's agent: Ellen Martinez, Compass | DRE #02135069
1028 61st St: Sold $925,000 · Jul 2026 · 0.5 mi
Bhhs Drysdale Properties | DRE #01450197
Buyer's agent: Liana Dickson, KW Advisors East Bay | DRE #01984196

Closed sales reported in 94608, nearest first, last 12 months. All recent sales in Oakland →

Residential Income - 901 55Th St, Oakland, CA