635 E 15th St, Oakland, CA 94606

Property Description

Pleased to present 635 E 15th Street, a 9- unit multifamily property located in Oakland’s Clinton neighborhood. The 5,875 square foot building features a unit mix of eight (8) one- bedroom/one-bath units and one (1) two-bedroom/two-bath unit, o?ering strong in-place income with clear value-add potential. Two units will be delivered vacant, providing an immediate opportunity to achieve market rents, while existing rents remain below market, allowing for additional upside through natural turnover and improved management. The property also includes eight on-site garages, three of which are currently vacant, o?ering additional income potential. Investors may also explore the potential to convert garages into ADUs (buyer to verify with the city) to further enhance long-term returns.