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    360 Oakland Ave Oakland, CA 94611

    For Sale
    $1,195,000

    Multifamily property with six units near Lake Merritt.

    Lot size:
    0.12 Acres

    Property Features for 360 Oakland Ave

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1920

    Source: Western Management Properties, Inc Agent Mike Bresso

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

    Overview

    Oakland Multifamily Property For Sale

    The property at 360 Oakland Avenue features a total of six units, comprising three one-bedroom units and three studio apartments. There are four garages on the premises, presenting an opportunity for additional income, although current residents do not utilize them. The location provides convenient access to Lake Merritt, downtown Oakland, and Highway 580.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.256252
    Latitude
    37.816823

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property with six units near Lake Merritt.
    Where is this apartment building located?
    The property is located at 360 Oakland Ave Oakland, CA.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: - Six total units (3 one-bedroom, 3 studios) offer immediate rental income potential.; - Four garages provide opportunity for additional income stream.; - Convenient location near Lake Merritt, Downtown, and Hwy 580.
    (510) 451-7197
    Request Owner's contact information
    360 Oakland Ave Oakland, CA 94611
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    Oakland, CA 94611
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    360 Oakland Ave Oakland, CA 94611
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