9833 Walnut St Oakland, CA 94603
Iveywood NeighborhoodEstimated payment $5,473/month
Highlights
- Wood Flooring
- Tandem Parking
- Coin Laundry
- No HOA
- Storage
- Rectangular Lot
About This Home
To access the marketing package copy/paste: 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.
Listing Agent
Jatin Mehta
Kite Hill Real Estate License #02045713 Listed on: 08/11/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 7,500 Sq Ft Lot
- Rectangular Lot
- Paved or Partially Paved Lot
Home Design
- Stucco
Interior Spaces
- 3,856 Sq Ft Home
- Storage
- Wood Flooring
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Parking Spaces
- Tandem Parking
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Separate Meters
- Individual Gas Meter
- Cable TV Available
Listing and Financial Details
- Tax Tract Number 94603
Community Details
Overview
- No Home Owners Association
- Bridge Aor Association
- Ivy Wood Ext. Subdivision
Amenities
- Coin Laundry
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $9,660 | $364,472 | $96,082 | $268,390 |
| 2025 | $9,660 | $357,328 | $94,199 | $263,129 |
| 2024 | $9,179 | $350,324 | $92,352 | $257,972 |
| 2023 | $9,315 | $343,456 | $90,542 | $252,914 |
| 2022 | $8,701 | $336,722 | $88,767 | $247,955 |
| 2021 | $7,748 | $330,122 | $87,027 | $243,095 |
| 2020 | $7,670 | $328,544 | $86,135 | $242,409 |
| 2019 | $7,009 | $322,140 | $84,447 | $237,693 |
| 2018 | $6,857 | $315,860 | $82,791 | $233,069 |
| 2017 | $6,443 | $310,924 | $81,168 | $229,756 |
| 2016 | $6,200 | $304,887 | $79,577 | $225,310 |
| 2015 | $6,155 | $300,355 | $78,382 | $221,973 |
| 2014 | $6,459 | $294,531 | $76,847 | $217,684 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/11/2026 08/11/26 | For Sale | $850,000 | 0.0% | $220 / Sq Ft |
| 10/05/2023 10/05/23 | Price Changed | $2,100 | -2.3% | $3 / Sq Ft |
| 08/08/2023 08/08/23 | For Rent | $2,150 | 0.0% | -- |
| 06/27/2023 06/27/23 | Price Changed | $2,150 | +19.4% | $3 / Sq Ft |
| 06/22/2023 06/22/23 | Price Changed | $1,800 | 0.0% | $2 / Sq Ft |
| 06/22/2023 06/22/23 | For Rent | $1,800 | -14.3% | -- |
| 06/19/2023 06/19/23 | For Rent | -- | -- | -- |
| 05/26/2023 05/26/23 | For Rent | $2,100 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $535,000 | Ticor Title | |
| Grant Deed | $287,500 | First American Title Company | |
| Trustee Deed | $319,773 | First American Title Company | |
| Interfamily Deed Transfer | -- | Financial Title Company | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $23,000 | Commercial | |
| Previous Owner | $74,500 | Commercial | |
| Previous Owner | $297,000 | Commercial | |
| Previous Owner | $310,000 | Commercial | |
| Previous Owner | $234,500 | Commercial | |
| Previous Owner | $120,000 | Commercial |
Source: bridgeMLS
MLS Number: 41144574
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