For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

Grand Ave Oakland, CA 94610

For Sale
$2,998,000

13-unit apartment building in Oakland's Grand Lake district.

Lot size:
0.09 Acres

Property Features for Grand Ave

General Information

Lot size
0.09 Acres

Building Details

Year built
1925

Source: Marcus & Millichap Agent Eymon Binesh

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Grand Avenue Apartments Near Lake

Located in Oakland's Grand Lake district, near Lake Merritt, this 13-unit apartment community at Grand Avenue features seven 1-bedroom/1-bath units, four 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one studio. The property offers a 6.80% CAP rate and 8.91 GRM. Many apartments have views of Lake Merritt. The property is within walking distance of restaurants, cafes, and shops in Adams Point.
Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City
Oakland
County
Alameda
State
California
Longitude
-122.265669
Latitude
37.811658

FAQs

What type of property is this?
Apartment building - 13-unit apartment building in Oakland's Grand Lake district.
Where is this apartment building located?
The property is located at Grand Ave Oakland, CA.
What is the asking price?
The asking price for this property is $2,998,000.
What are key features of this property?
This property features: - Located in the highly desirable Grand Lake district, steps from Lake Merritt.; - Strong in-place 6.80% CAP rate and 8.91 GRM, providing immediate cash flow.; - Significant upside potential through targeted capital improvements and unit renovations.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message