Home | Alameda County | Oakland | 94603 | 9833 Walnut St
MLS: EB41144574 | Status: | Price: $850,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 3,856 | 7,500 | 1963 |
To access the marketing package copy/paste: https://bit.ly/kitehillre Introducing 9833 Walnut Street, a high-yield multifamily investment offering exceptional in-place cash flow with substantial value-add potential. Built in 1963, the property features an outstanding unit mix of (3) one-bedroom/one-bath units, (2) two-bedroom/one-bath units, and (1) three-bedroom/two-bath unit—a diverse mix that appeals to a broad tenant base and supports long-term occupancy. The asset generates nearly $105,000 in annual gross income and is offered at just over an 8.0 GRM, over a 7.0% cap rate, approximately $220 per square foot, and $170,000 per unit. With strong in-place cash flow and a projected 30% upside in rental income translating to approximately 50% upside in NOI, investors have a rare opportunity to acquire an asset that performs on day one while offering significant future growth. Recent capital improvements include a completed earthquake retrofit and a new perimeter fence, reducing future capital expenditure concerns. Additional amenities include covered parking and on-site coin-operated laundry, creating added convenience for tenants and supplemental income for ownership. Well priced relative to today's market fundamentals, 9833 Walnut Street is an ideal acquisition for investors
| Field | Value |
|---|---|
| MLS # | EB41144574 |
| MLS Source | Bridge MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Flooring | Wood |
| Cooling | None |
| Heating | Gas |
| Feature | Details |
|---|---|
| Garage/Parking | Tandem Parking, Garage: Car(s) |
Jatin Mehta
Kite Hill Real Estate
License #: 02045713
Phone: (510) 878-6800
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 1 | 0/0 | $1,783 | – | – |
| 2 | – | 1 | 0/0 | $1,875 | – | – |
| 3 | – | 1 | 0/0 | $1,900 | – | – |
| 4 | – | 2 | 0/0 | $1,190 | – | – |
| 5 | – | 3 | 0/0 | $1,900 | – | – |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 2740 73rd Ave | $995,000 | – | – | 3,196 | Active |
| 2256 83rd Ave | $795,000 | – | – | 3,420 | PendingDoNotShow |
| 1840 90th Avenue | $949,000 | – | – | 4,064 | Active |
| 2714 79th Ave | $735,000 | – | – | 3,100 | Active |
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This listing information is up-to-date as of August 11, 2026. For the most current information, please contact Jatin Mehta, (510) 878-6800.