1 month on rocket

5470 Camden, Oakland, CA, 94619

$3,375,000

0 Baths
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
Year Built1958
HeatingOther
CoolingOther
MLS #41077995
Lot Size0.16 Acres
StatusActive

About 5470 Camden

This 10,150 SF multifamily property, built in 1957, presents a lucrative opportunity for investors seeking solid returns. Featuring 15 units—10 1-bedroom, 1-bathroom units, 3 studios, and 2 2-bedroom, 1-bathroom units—the property provides a well balanced unit mix that appeals to a broad tenant base. Zoned R50 also offers flexibility for future development or expansion, enhancing its long-term value. Located in a highly desirable Oakland area, this asset is strategically positioned less than 5 minutes from Northeastern University and Mills College, with easy access to Highways 580 and 880. Its close proximity to Oakland International Airport and other key amenities further increases tenant demand, making it a strong rental market performer. The property is separately metered for PG&E utilities, features on-site parking, and has undergone a full seismic retrofit, ensuring modern infrastructure and reduced future capital expenditures. With potential for rent growth through tenant turnover, the property offers significant upside for value-add investors. This multifamily property combines immediate cash flow potential with strong prospects for future appreciation, making it a prime investment in Oakland's growing real estate market.

Property Details

Property Features

Property Information:

  • Year Built: 1958

Listing Office:

  • Office Name: BHHS Drysdale Properties
  • Office Phone: (925) 280-4920
  • Listing Agent: Matthew Rulloda

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Macarthur Blvd. and Camden St. Cross Street: Macarthur Blvd..

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,375,000
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Housing Market Comparison

See how this home compares to others in Oakland, CA.

Med. Sold Price

$850K

Med. Price/SqFt

$587

Avg. Days On Market

42

# of Sold Homes

220

5470 Camden vs Oakland

46 DAYS ON ROCKET

+4 Days

$3,375,000

+$2.5M More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41077995

Listing Office:

  • Office Name: BHHS Drysdale Properties
  • Office Phone: (925) 280-4920
  • Listing Agent: Matthew Rulloda

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$16.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.1K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4442241
3
/10
  • Horace Mann Elementary School

  • 5222 Ygnacio Ave

  • 0.84 miles

  • Public District Grades KG-5

school-card-donut-4442242
2
/10
  • Markham Elementary School

  • 7220 Krause Ave

  • 1.02 miles

  • Public District Grades KG-5

school-card-donut-4442243
3
/10
  • Laurel Elementary School

  • 3750 Brown Ave

  • 1.12 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,818. The majority of Oakland, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5470 Camden

What is the listing price of this property?

The listing price of 5470 Camden property is $3,375,000.

What type of property is this?

The property 5470 Camden is a house located in Oakland, California, 94619.

Is this property for sale now?

Active Listing: 5470 Camden is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 5470 Camden is 1958.
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Rocket HomesCaliforniaAlameda CountyOakland946195470 Camden

This home is located at 5470 Camden in Oakland, CA and zip code 94619 in the Fairfax neighborhood. This home, which was built in 1958, sits on a 0.16 acre lot. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $3,375,000.

In November 2024, from all listings sold in Oakland, CA there were more than 122 sold above asking price, over 59 sold below and more than 21 were sold right at the asked price. The number of homes for sale in Oakland, CA decreased by 12.3% between October 2024 and November 2024. While the average time on the market in November 2024 was 42 days, the median list price was $850,000.

From Rocket Homes Real Estate and based on county public records data.

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