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  • 9833 Walnut St

9833 Walnut St, Oakland, CA 94603

$850,000 Approx. USD 0 beds, 0 baths
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Photo of Patrick Ahern

Patrick Ahern REALTOR® - Sales Associate 858-220-9001 m
858-459-0501 o
Lic#: 00610408
NRDS ID: 196548265
aherngroup@gmail.com Text Me
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Lic#: 00610408
NRDS ID: 196548265
aherngroup@gmail.com La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
Phone: 858-459-0501
Fax: 858-459-3275
 La Jolla Prospect 1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
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Fax: 858-459-3275
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Listing Agent


Jatin Mehta | jat@teamkitehill.com
Lic#: 02045713
Broker: Courtesy of Kite Hill Real Estate
Phone: 510-878-6800

Agent Remarks

To access the marketing package copy/paste: https://bit.ly/kitehillre 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 Details

Property type: (Multi-Family)
Status: Active
MLS# 41144574
Price: $850,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1963
0.17 acres
Lot size: 0.1722
Subdivision: IVY WOOD EXT.
County: Alameda
Construction: Stucco
Heating/cooling: None
Heating description: Natural Gas

Last Updated: 8/18/2026

 Days On Market (DOM): 55

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Lat/Long: 37.744735, -122.168201.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Patrick Ahern

Patrick Ahern REALTOR® - Sales Associate 858-220-9001 m
858-459-0501 o
Lic#: 00610408
NRDS ID: 196548265
aherngroup@gmail.com Text Me
Call My Cell
Call My Office
Lic#: 00610408
NRDS ID: 196548265
aherngroup@gmail.com
La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
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