2257 Park Blvd, Oakland, CA 94606
Three 2-bedroom units in a Cleveland Heights tri-plex offer flexible owner-user or rental income setup.
- Added:
- May 3, 2026
- Days on Market:
- 57
- Last Refresh:
- Jun 25 at 8:52 pm
Property Features for 2257 Park Blvd
General Information
- Standard status
- Active
- Size
- 2,728 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1939
Listing office Corcoran Icon Properties (510) 719-6406
Listing date May 3, 2026
Source Exitrealty
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 Corcoran Icon Properties
HighLights
- Tri‑plex built in 1939 with 3 units, each offering 2 bedrooms and 1 bathroom
- Total building size of 2,728 sq ft with three separate unit configurations
- Flexible layout for owner‑user use or rental income setup
- Cleveland Heights location with access to Lake Merritt and its 3.4‑mile perimeter path
Overview
Located in Oakland’s Cleveland Heights area within a charming residential neighborhood, the building is surrounded by a mix of housing styles, including 1920s Mediterranean and Spanish Revival homes, classic bungalows, and modern apartment buildings. Residents have convenient access to Lake Merritt and its 3.4-mile perimeter path, a well-known option for walking, running, and outdoor recreation. The Park Boulevard address also places the property near local shops, services, dining, and transportation options.
For tenants and buyers, the consistent unit mix can simplify leasing and operations, since all three units share the same two-bedroom, one-bath configuration. With its tri-plex structure, practical floor plans, and multi-unit setup in Cleveland Heights near Lake Merritt, 2257 Park Boulevard is well-suited for an owner planning to occupy one unit and rent the others, or an investor seeking a residential income property in Oakland.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.4k | $32.40 |
| − Vacancy | −$4.6k | −$1.69 |
| EGI | $83.8k | $30.71 |
| − OpEx | −$25.1k | −$9.21 |
| NOI | $58.6k | $21.50 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.2459
- Latitude
- 37.80178
