Seller Representation
Seller Representation
Laurel District Turn-Key Fiveplex
Oakland, CA
5,250
sq.ft
Overview
Represented the seller in the disposition of Laurel District Turn-Key Fiveplex, a 5-unit, 5,250 sf apartment building in Oakland’s Laurel/Upper Laurel corridor. We positioned the property as a stabilized, separately-metered asset with an in-place 6.30% cap and clear rent-roll upside. Our investor-grade OM showcased transparent current/market rents, capex context, and practical financing pathways to widen the buyer pool and streamline diligence. Result: a clean, confidence-driven sale at $1,450,000.
Value Delivered
Framed the asset around low operating burden (separate meters; individual WH/heat) to emphasize durable cash flow
Published clear current & market rent rolls (incl. Section-8/HUD increase) so buyers could underwrite to 7.72% market cap
Negotiated seller completion of garage-door mechanism upgrades prior to COE to remove a closing objection
Addressed the unwarranted unit transparently while maintaining focus on stability and cash flow
Provided financing assumptions (3.75% rate, 75% LTV example) in the OM to widen the buyer pool and support smooth execution
Deal Highlights
Location
Final Sale Price
$
1,450,000
Want to understand how this approach applies to your property or situation? Let’s talk strategy.
Angus MacDonald
Broker
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Your Property. Your Strategy. Let’s Get It Right.
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