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$1,995,000
151 Days Online

439 International Blvd
Oakland, CA 94606

For Sale|Multi-Family|Active
Subdivision:
Oakland
County:
Alameda
Listed by Daniel Winkler of WINKLER REAL ESTATE GROUP

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439 International Blvd439 International Blvd439 International Blvd439 International Blvd
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5.5% Cap Rate on Current Rents!!! Simply one of the most unique investing opportunities I have seen in Oakland. 439 International is a co-living community organized and managed by OpenDoor a co-living operator that helped to pioneer the co-living concept. In essence individual rooms are leased from $900 to roughly $1,500 per month. There is a common kitchen where individual or communal meals can be cooked and shared. Residents pay a monthly rent and pay a pro-rata share of all utilities. Current rents are over $15,000 per month with potential to increase rents to over $18,000 per month when rooms turnover and the market allows. Co-living fits a very special niche in the tight and costly Bay Area housing market and has attracted many people who enjoy the benefits of communal living. This is a wonderful cash flowing investment for a savvy investor.

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Listing Snapshot
Price 
$1,995,000
Days Online 
151 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0861 Acres
Year Built 
1996
MLS Number 
40991342
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
4 months agoPrice changed to $1,995,000
5 months agoListing first seen online
General Features
Parking 
On Street
Parking Spaces 
3
Sewer 
Public Sewer
Acreage 
0.0861
Property Sub Type 
Triplex
Interior Features
Heating 
Forced AirNatural Gas
Appliances 
Gas Water HeaterDryerWasher
Flooring 
Laminate
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Exterior Features
Lot 
Street Level
Community Features
Association Dues 
0


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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