$850,000

Estimated payment $5,473/month

Total Views 302
-- Beds
-- Baths
3,856 Sq Ft
$220 Price per Sq Ft

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: COMM RI MULTI-UNITS 5+
  • Lot Features: Rectangular Lot, Paved
  • LotSizeAcres: 0.17
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Has HOA?: No
  • Co List Office Mls Id: OBKH
  • Special Conditions: Standard
  • Subdivision Name: IVY WOOD EXT.
  • Basement: None
  • Has Basement?: No
  • Has Cooling?: No
  • Has Fireplace?: No
  • Living Area: 3856
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Interior Amenities: Storage

Exterior Features

  • Construction Type: Stucco

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: Tandem
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Coin Operated
  • Cooling: None
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Wired For Cable TV, Individual Electric Meter, Individual Gas Meter
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR

Lot Info

  • Lot Size Sq Ft: 7500

Tax Info

  • Tax Tract: 94603

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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 -- --
Source: bridgeMLS

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 -- --
Source: Public Records

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: Public Records

Source: bridgeMLS

MLS Number: 41144574

bridgeMLS
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