9635 Plymouth St Immeuble residentiel 7 lots 1 044 816 € (149 259 €/Lot) Taux de capitalisation 7,06 % Oakland, CA 94603

Seven-Unit Investment Opportunity
Located in Oakland’s Cox neighborhood, 9635 Plymouth Street is a well-maintained, two-story, seven-unit multifamily asset offering both immediate income and long-term value-add potential. Built in 1960, the unit mix includes (3) one-bedroom/one-bath, (2) two-bedroom/one-bath, (1) three-bedroom/one-bath, and (1) four-bedroom/one-bath units — a diverse layout catering to a wide tenant base.
The property currently has two vacant units in great condition, allowing new ownership the opportunity to capture market rents immediately. Several other units have been recently updated, further supporting upside potential through rent growth as units turn over.
Investment highlights include:
• $171,428 per unit pricing
• 8.46 Gross Rent Multiplier (GRM) based on in-place rents, and pro forma rents for the two current vacancies.
• Strong in-place income with upside through lease-up and future rent increases
• Off-street parking and garage spaces for added tenant convenience
Positioned within walking distance to AC Transit bus lines (90 & 98) and close to BART, residents also enjoy proximity to Verdese Carter Park, Oakland Zoo, local schools, and key East Bay corridors including International Blvd, I-580, and I-880.
With a stable tenant base, desirable location, and clear value-add pathway, 9635 Plymouth Street presents a compelling opportunity for investors seeking strong in-place cash flow and long-term appreciation pathway.