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Pine Grove Apartment Buildings
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16277 Ashland Ave, San Lorenzo, CA 94580

Sixteen residences are arranged across two buildings with private outdoor space, covered parking, and in-unit laundry.

Property SizeContact for details
Days on Market131

Property Features for 16277 Ashland Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Rand Commercial Properties
Listed By: Jason Winter · License #01736374
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 30 at 5:08PM

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 Rand Commercial Properties

Investment Insights

Based on property information with market context.

Pine Grove consists of 16 apartment units in two separate buildings, with eight duplex-style units per building. The mix includes seven townhome-style two-bedroom, one-bath residences of approximately 936 SF, eight single-story two-bedroom, one-bath units of approximately 825 SF, and one townhome-style three-bedroom, two-bath residence measuring approximately 1,236 SF. Each unit includes a dedicated carport, an in-unit laundry room with washer and dryer, and a large fenced backyard.

The property is currently 100% occupied, with average tenancy of 14.6 years. Seven residents have occupied their units for more than 15 years, while three have remained for more than 30 years. One tenancy dates to 1978. The surrounding area offers access to Oakland International Airport, public transportation, local shops, and international restaurants, with Fairmont Ridge and Anthony Chabot Regional Park described as nearby recreational amenities.

Key Highlights

  • 16 apartment units distributed between two buildings
  • Unit mix includes seven 936 SF two‑bedroom units, eight 825 SF two‑bedroom units, and one 1,236 SF three‑bedroom unit
  • 100% occupied with 14.6 years of average tenancy

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Garden Center Dental Office Computer & Electronic Repair

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

1,004
Businesses Nearby

Demographics for 94580, CA

29,590
Population
9,067
Households
3.3
Avg Household Size
39
Median Age
26%
College-Educated
83%
High-School Grad
3.3 sq mi
ZIP Area
8,967
Density / Sq Mi
$110,106
Median Household Income
$52,790
Median Earnings
$2,164
Median Rent
$820,100
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 - Sixteen residences are arranged across two buildings with private outdoor space, covered parking, and in-unit laundry.
Where is this apartment building located?
The property is located at 16277 Ashland Ave San Lorenzo, CA.
What are key features of this property?
This property features: 16 apartment units distributed between two buildings; Unit mix includes seven 936 SF two‑bedroom units, eight 825 SF two‑bedroom units, and one 1,236 SF three‑bedroom unit; 100% occupied with 14.6 years of average tenancy
(916) 677-9090 Call to check price and availability
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