32-Unit Townhome-Style Apartment
For Sale
$4,995,000
2124 90th AVE, Oakland, CA 94603
Two gated, two-story buildings provide a mix of one-, two-, and three-bedroom apartments with on-site parking and laundry rooms.
Property Size14,026 SF
Lot Size0.64 Acres
Price / SF$178.39
Days on Market8
Property Features for 2124 90th AVE
General Information
Standard status
Active
Size
14,026 SF
Lot size
0.64 Acres
Property subtype
FiveOrMoreUnits
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
26 x 2BR, 5 x 3BR, 1 x 4BR
Multifamily Units
32
Additional Details
Cap Rate
11.43%
Amenities
gated
on-site parking
laundry rooms
Building Details
Building Size
14,026 SF
Year Built
1964
Buildings
2
Stories
2
Construction
townhome style
Listing Agency:
KW Advisors
Listed By:
Alina Siert · License #01893238
(408) 712-7692
Source:
Johnpaye
Added: Oct 8
Changed: Oct 14
Last Checked: Oct 15 at 7:57AM
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 KW Advisors
Investment Insights
Based on property information with market context.
The 32-unit apartment property consists of two 16-unit, two-story buildings, mostly in a townhome-style configuration. Built in 1964, the buildings contain approximately 28,000 square feet across two parcels totaling about 0.64 acres. The unit mix is 26 two-bedroom apartments, five three-bedroom apartments, and one four-bedroom apartment. Gated access, on-site parking, and two laundry rooms serve the property. The City of Oakland granted a soft-story exemption in 2024. A regulatory agreement with the City runs through December 2032 and requires at least eight units to be affordable at 80% AMI or below.
The property is in East Oakland off MacArthur Boulevard, with access to I-580. Coliseum BART and Amtrak, Eastmont Town Center, and Oakland Airport are nearby. The rent roll indicates 100% occupancy; stated cap rates are 11.43% current and 13.64% pro forma at market rents.
The property is in East Oakland off MacArthur Boulevard, with access to I-580. Coliseum BART and Amtrak, Eastmont Town Center, and Oakland Airport are nearby. The rent roll indicates 100% occupancy; stated cap rates are 11.43% current and 13.64% pro forma at market rents.
Key Highlights
- 32 apartments across two 16‑unit, two‑story buildings
- Unit mix: 26 two‑bedrooms, 5 three‑bedrooms, and 1 four‑bedroom
- Approximately 28,000 SF on about 0.64 acres across two parcels
Property Analytics
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Current Use
Lease Details
32
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
Explore this area
Business Placement
Demographics for 94603, CA
36,681
Population
11,199
Households
3.3
Avg Household Size
32
Median Age
15%
College-Educated
69%
High-School Grad
2.7 sq mi
ZIP Area
13,586
Density / Sq Mi
$71,086
Median Household Income
$37,025
Median Earnings
$1,838
Median Rent
$596,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two gated, two-story buildings provide a mix of one-, two-, and three-bedroom apartments with on-site parking and laundry rooms.
Where is this apartment building located?
The property is located at 2124 90th AVE Oakland, CA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: 32 apartments across two 16‑unit, two‑story buildings; Unit mix: 26 two‑bedrooms, 5 three‑bedrooms, and 1 four‑bedroom; Approximately 28,000 SF on about 0.64 acres across two parcels
