4092 Piedmont Ave Oakland, CA 94611

This exceptional mixed-use property at 4092 Piedmont Ave, Oakland, CA 94611, presents a compelling investment opportunity. The 4,194 square foot building, constructed in 1923, sits on a 3,392 square foot lot and is zoned CN-1. It features a diverse tenant mix including one 2-bedroom, 1-bathroom residential unit, an office space with an ADA-compliant bathroom, a bar, and an Indian restaurant. The property boasts 100% occupancy, generating a strong net operating income (NOI) of $133,431 annually, representing a 4.95% capitalization rate. The asking price is $2,695,000, or $673,750 per unit, and $659 per square foot. Three off-street parking spaces are available. The property benefits from its prime location on Piedmont Avenue, a vibrant area known for its high foot traffic, diverse businesses, and convenient access to public transportation. This stabilized investment offers a blend of residential and commercial income streams, making it an attractive option for discerning investors seeking a strong return on investment in a desirable Oakland neighborhood. The building is a two-story structure with a total of four units. The property's financial performance is further highlighted by a pro-forma NOI mirroring the current NOI, indicating a stable and predictable income stream.