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Oakland Multifamily Property Near Transportation
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2506 Magnolia St, Oakland, CA 94607

39-unit community near downtown Oakland, highways, and public transportation.

Property SizeContact for details
Days on Market207

Property Features for 2506 Magnolia St

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 1990
Units 39
Listing Agency:
Listed By: Tom Limon
Source: Nmrk
Added: Jan 27 Changed: Aug 21 Last Checked: Aug 22 at 3:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tom Limon

Investment Insights

Based on property information with market context.

The property at 2406 Magnolia Street is a 39-unit community featuring secure off-street parking. It offers convenient access to downtown Oakland, major highways, and public transportation, including BART and key bus lines. The area is also bike-friendly. West Oakland is described as a creative hub with breweries, a Michelin-starred restaurant, a professional baseball team, a gourmet food hall, and the nation’s largest climbing gym, all within half a mile of the property. Downtown Oakland, with major employers, nightlife, retail, and a diverse selection of restaurants, is a short bike ride or drive away. The property is conveniently located close to Highways 80, 980, 880, 580, and 24, as well as the West Oakland and Downtown BART Stations. Nearby amenities in Oakland, Emeryville and Alameda make shopping and commuting easily accessible.

Key Highlights

  • Convenient access to downtown Oakland, major highways and public transportation.
  • Secure off‑street parking.
  • Located in a thriving, vibrant neighborhood. Enjoy breweries, a Michelin‑starred restaurant, a baseball team, a gourmet food hall, and a climbing gym nearby.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Veterinary Clinic Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,651
Businesses Nearby

Demographics for 94607, CA

31,067
Population
14,362
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
5,266
Density / Sq Mi
$87,937
Median Household Income
$67,107
Median Earnings
$1,875
Median Rent
$744,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 39-unit community near downtown Oakland, highways, and public transportation.
Where is this apartment building located?
The property is located at 2506 Magnolia St Oakland, CA.
What are key features of this property?
This property features: Convenient access to downtown Oakland, major highways and public transportation.; Secure off‑street parking.; Located in a thriving, vibrant neighborhood. Enjoy breweries, a Michelin‑starred restaurant, a baseball team, a gourmet food hall, and a climbing gym nearby.
More about this property
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