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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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5918 Genoa St Oakland, CA 94608
$1,950,000 0 beds, 0 baths
0 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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5918 Genoa Street offers 22.6% rental upside on a building where the heavy capital work is already done. Ownership has invested $282,822 in unit renovations, soft-story retrofit, sewer lateral, sidewalk, and laundry. Eight of 12 units are renovated, and the property is 100% occupied. In-place rents average $1,428 against a $1,750 market rent. The building’s own renovated leases support that market figure, with five units at $1,632–$1,730. Four units below $1,300 account for roughly three-quarters of the loss-to-lease. That gives a buyer a defined, unit-by-unit path to the $153,000 pro forma NOI as those units turn over. The 1930 building totals 6,072 SF on 0.12 acres, with an average unit size of 506 SF and three covered parking spaces. In-place: $109,543 NOI, 5.62% cap rate, 9.48 GRM. Pro forma at market rents: $153,000 NOI, 7.85% cap rate, 7.74 GRM.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 41151546
List price is $1,950,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1930
0.12 acres
Lot size: 0.1194
Subdivision: NORTH OAKLAND
County: Alameda
Construction: Stucco,Wood Siding
Appliances: Gas Water Heater,Dryer,Washer
Lot description: Street Level
Heating/cooling: None
Heating description: Natural Gas,Wall Furnace

Last Updated: 10/23/2026

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 Find more homes in 94608 zip code

 Find more homes in the NORTH OAKLAND subdivision

Lat/Long: 37.844465, -122.272424.
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Listing Agent: Joseph Owens
Lic#: 01707768
Broker: Courtesy of Marcus & Millichap

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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