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Five-Unit Apartment Building
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2247 Ivy Dr, Oakland, CA 94606

Five-unit multifamily property with three two-bedroom units and two one-bedroom units in a three-story wood-frame building.

Property Size5,568 SF
Days on Market124

Property Features for 2247 Ivy Dr

General Information

Standard status Active
Size 5,568 SF
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 5

Amenities

private entries
central heating
new kitchens
new bathrooms
low-maintenance landscape

Building Details

Stories 3
Construction wood frame and stucco
Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Drysdale Properties Oakland
Listed By: Monjid Aldiyyat · License #CA 01973084
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 5:02AM

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 Berkshire Hathaway HomeServices Drysdale Properties Oakland

Investment Insights

Based on property information with market context.

The Arbor Villa apartments is a five-unit multifamily property in a three-story wood-frame and stucco building. The unit mix includes three large two-bedroom/one-bath units and two spacious one-bedroom/one-bath units. Unit three has been tastefully renovated, and the property features private entries and central heating. Improvements include new kitchens with stainless steel appliances and new bathrooms, along with low-maintenance landscaping. Tenants are separately metered for PG&E, and the garage doors have recently been replaced.

The property is located at 2247 Ivy Dr in the Ivy Hill neighborhood of Oakland, adjacent to the Cleveland Heights neighborhood. Lake Merritt is approximately three minutes away, with nearby restaurants, cafes, parks, and shopping, and easy access to downtown Oakland and the Grand Lake neighborhood.

Additional transportation access is supported by nearby city bus lines and the Lake Merritt BART Station, with convenient access to I-580 and I-880 via Park Blvd and 5th Ave.

Key Highlights

  • 5,568 SF, 5‑unit multifamily in a three‑story wood‑frame and stucco building
  • Unit mix: three 2 bed/1 bath units and two 1 bed/1 bath units
  • Unit 3 tastefully renovated with new kitchens with stainless steel appliances and new bathrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Hotel & Motel

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

Lease Details

5
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,622
Businesses Nearby

Demographics for 94606, CA

40,768
Population
17,457
Households
2.3
Avg Household Size
37
Median Age
40%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
17,725
Density / Sq Mi
$70,769
Median Household Income
$47,558
Median Earnings
$1,775
Median Rent
$747,600
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 - Five-unit multifamily property with three two-bedroom units and two one-bedroom units in a three-story wood-frame building.
Where is this apartment building located?
The property is located at 2247 Ivy Dr Oakland, CA.
What are key features of this property?
This property features: 5,568 SF, 5‑unit multifamily in a three‑story wood‑frame and stucco building; Unit mix: three 2 bed/1 bath units and two 1 bed/1 bath units; Unit 3 tastefully renovated with new kitchens with stainless steel appliances and new bathrooms
More about this property
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