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9833 Walnut St Oakland, CA 94603
$850,000 0 beds, 0 baths
0 sqft
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Photo of Aaron Khosh

Aaron Khosh REALTOR® - Sales Associate 949-554-4155 m
949-554-4155 o
Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com
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Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com
Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
Phone: 949-644-6200
Fax: 949-640-7429
Newport Beach 23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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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
List price is $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

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Lat/Long: 37.744735, -122.168201.
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Listing Agent: Jatin Mehta
Lic#: 02020525
Office Name: Newport Beach

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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:

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White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Photo of Aaron Khosh

Aaron Khosh REALTOR® - Sales Associate 949-554-4155 m
949-554-4155 o
Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com
Text Me
Call My Cell
Call My Office
Lic#: 02020525
NRDS ID: 185060749
aaronkhosh@gmail.com

Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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