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2550 35th ave Oakland, CA 94601

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For Sale
$2,650,000

18-unit apartment complex in Oakland's Bartlett/Allendale neighborhood.

Type:Investment
Property size:
11,960 SF
Lot size:
0.50 Acres
Added:
Apr 24, 2026
Days on Market:
4
Last Refresh:
Apr 24 at 4:07 pm

Property Features for 2550 35th ave

General Information

Standard status
Active
Size
11,960 SF
Lot size
0.50 Acres
Property subtype
Investment

Building Details

Year Built
1956

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Listing Contact
Pedram Karbassi

Listing agent Pedram Karbassi

Listing office BAY'S ELITE INVESTMENTS

Listing date Apr 24, 2026

Source Elliman

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 BAY'S ELITE INVESTMENTS


Overview

Oakland Multifamily Investment Opportunity

This 18-unit apartment complex is located in the Bartlett/Allendale neighborhood of Oakland. Constructed in 1954, the property features six 2-bedroom/1-bath units and twelve 1-bedroom/1-bath units. The building provides approximately 11,960 square feet of rental space and is situated on a 0.5-acre lot. There are 18 parking spaces, the majority of which are carports, providing a 1:1 parking ratio. Some units have been remodeled and feature newer kitchens and bathrooms, as well as vinyl floors. The property is located approximately 3 minutes from the 580 freeway, offering convenient access to Oakland's Lake Merritt and a 30-minute drive to downtown San Francisco. The Fruitvale BART station is a 5-minute drive or bike ride south on 35th Avenue, or 10 minutes by bus. Substantial capital expenditures have been made to the property in recent years. The roofs of both buildings have been replaced and recoated in 2024 and 2025 at a cost of approximately $40,000. The property has been earthquake retrofitted at a cost of about $110,000 in 2024. The units have been extensively rehabbed upon turnover. The bike score is 67, making it bikeable, the walk score is 70, making it somewhat walkable, and the transit score is 52, indicating good transit options.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

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City
Oakland
County
Alameda
State
California
Longitude
-122.2106293
Latitude
37.7871847

FAQs

What type of property is this?
Apartment building - 18-unit apartment complex in Oakland's Bartlett/Allendale neighborhood.
Where is this apartment building located?
The property is located at 2550 35th ave Oakland, CA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Excellent long‑term upside potential with market‑rate tenants in a desirable Oakland location.; Significant recent capital improvements, including **roof replacement/recoating (2024/2025) and earthquake retrofitting (2024)**.; 18‑unit apartment complex with a mix of 2 bed/1 bath and 1 bed/1 bath units.
More about this property
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