About 5445 Broadway
We are pleased to present 5445 Broadway, an 8 unit multifamily investment property located in the highly attractive Rockridge neighborhood of North Oakland. The property was built in 1958 and consists of 6 one bedroom units and 2 two bedroom units. Owner has completed many building improvements, reducing the potential capital expenses for the next owner. Building improvements include: polyurethane foam roof, earthquake retrofit, garage security gate, $100,000 in unit upgrades, replaced electrical boxes and deck / handrailing repairs to be complete by Close of Escrow. 5.87% Current Cap (6.59% Market Cap). 10.73 Current GRM (9.91 Market GRM).
Features of 5445 Broadway
| MLS® # | 41107823 |
|---|---|
| Price | $2,295,000 |
| Square Footage | 4,344 |
| Acres | 0.09 |
| Year Built | 1958 |
| Type | COMM RI MULTI-UNITS 5+ |
| Sub-Type | Apt Complex |
| Status | Pending |
Community Information
| Address | 5445 Broadway |
|---|---|
| Subdivision | ROCKRIDGE |
| City | Oakland |
| County | Alameda |
| State | CA |
| Zip Code | 94618 |
Amenities
| Utilities | Individual Electric Meter, Individual Gas Meter |
|---|---|
| Parking Spaces | 5 |
| Parking | Enclosed, Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Storage |
|---|---|
| Appliances | Dryer, Washer, Gas Water Heater |
| Heating | Natural Gas, Wall Furnace |
| Cooling | Other |
| Fireplace | No |
Exterior
| Lot Description | Level |
|---|---|
| Roof | Foam |
| Construction | Stucco, Frame |
Additional Information
| Date Listed | August 11th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Joseph Owens |
|---|---|
| Office | Marcus & Millichap |