Seller Representation

Investor-Grade OM Turns Oakland Fiveplex Into a Confidence-Driven Sale at $1.38M

3007 35th Ave, Oakland5,250 sq ft5 units

3007 35th Ave, Oakland — primary photograph — 3007 35th Ave, OaklandExhibit A

3007 35th Ave, Oakland — photograph 2 — Exhibit B

3007 35th Ave, Oakland — photograph 3 — Exhibit C

The file

I represented the seller on this 5-unit, 5,250 sq ft building in Oakland’s Laurel corridor. Stabilized, separately metered, low operating burden: a solid income asset. The price depended on making it easy for investors to say yes. I built an offering memorandum with current and market rents laid out plainly, Section-8 and HUD adjustments included, capex context, and practical financing pathways. The unwarranted unit went in the package up front rather than surfacing in escrow. Before close I negotiated the seller’s completion of the garage-door upgrades, which removed the last objection on the table. It sold at full ask, $1,384,000, through a short, uneventful diligence.

Value delivered

01Positioned the asset around low operating burden and durable cash flow
02Built investor-grade OM with transparent rent rolls, capex context, and financing assumptions
03Addressed unwarranted unit transparently to maintain buyer confidence
04Negotiated seller completion of garage-door upgrades to remove a closing objection
05Closed cleanly at $1,384,000 with a streamlined diligence process

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