Buyer Representation

Buyer Representation

Buyer Representation

Buyer Representation

1031 Exchange Buyer Secures 9-Unit Oakland Asset with Strong In-Place Yield + Penthouse Upside

Oakland, CA

9,038

sq.ft

Overview

This 1031 exchange buyer needed a clean acquisition: steady income now, scalable returns later. 3317 Kempton delivered both. The eight one-bed units were large, updated, and leased—each with private balconies and secure parking inside a gated courtyard. The ninth unit? A sprawling, multi-deck penthouse with elevator access—vacant due to seller mis-marketing, but full of potential. We identified the building as a strong fit for a 5–7 year hold: defensive location, tenant appeal, and layout-driven upside. I led diligence, reviewed third-party reports, supported financing through the buyer’s preferred lender, and provided investment analysis materials for his partner group. Straightforward execution—no surprises, just a smart asset bought right. If you’re in an exchange and need something that performs now and later—we’ll get you the building that fits both sides of the timeline.

Value Delivered

Matched a 1031 buyer with a stabilized 9-unit building + short-term lease-up potential

Matched a 1031 buyer with a stabilized 9-unit building + short-term lease-up potential

Matched a 1031 buyer with a stabilized 9-unit building + short-term lease-up potential

Identified mispositioned penthouse as underutilized income lever

Identified mispositioned penthouse as underutilized income lever

Identified mispositioned penthouse as underutilized income lever

Verified unit layouts, parking access, and outdoor space as rent drivers

Verified unit layouts, parking access, and outdoor space as rent drivers

Verified unit layouts, parking access, and outdoor space as rent drivers

Coordinated inspections, reviewed reports, and supported debt process

Coordinated inspections, reviewed reports, and supported debt process

Coordinated inspections, reviewed reports, and supported debt process

Delivered a clean close with lender-aligned timeline and investor-ready analysis

Delivered a clean close with lender-aligned timeline and investor-ready analysis

Delivered a clean close with lender-aligned timeline and investor-ready analysis

Deal Highlights

Off-Market Deal

Off-Market Deal

1031 Buyer/Seller

1031 Buyer/Seller

Rental / Income Property

Rental / Income Property

TIC or Condo Structure

TIC or Condo Structure

Value-Add or Renovation Play

Value-Add or Renovation Play

Repeat Client

Repeat Client

Dual Agency

Dual Agency

Financing Was a Key Factor

Financing Was a Key Factor

Location

Purchase Price

$

2,785,000

Want to understand how this approach applies to your property or situation? Let’s talk strategy.

Angus MacDonald
Broker

Angus MacDonald
Broker

Angus MacDonald
Broker

Get in Touch

Your Property. Your Strategy. Let’s Get It Right.

Whether you’re buying, selling, or navigating something more complex, we’ll define the smartest path forward together.