9833 Walnut St , Oakland, CA 94603
$850,000
Est. Payment: $4,665.12/mo
0.17 Acres
Status: Active | Days on site: 7
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BMLS-OBKH - BMLS-R02045713
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House Description

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 seeking immediate yield, durable cash flow, and meaningful upside through strategic rent growth.

Highlights

Listed by Jatin Mehta , 510-878-6800 Kite Hill Real Estate , 855-450-0442. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.17

Year Built

1963

County

Alameda

Neighborhood

Ivy Wood Ext.

Listing ID

41144574

Questions about this listing?

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Interior Features

Exterior Features

Lot:No Land Lease
Garage Capacity:4
Others:
  • ▪ Additional:Stucco, 2+ Total Units
Principal Interest
$4,665
Taxes
$542

Home Price

$850,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$170,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,665.12

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,665.12 $541.88 $0.00 $5,206.99
Yearly $55,981.41 $6,502.50 $0.00 $62,483.91
Total $1,679,442.33 $195,075.00 $0.00 $1,874,517.33

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Current Listings

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Oakland, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T13:07:47.000Z

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