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Oakland Multifamily Investment Opportunity

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

Price / SF:

$221/SF

HighLights

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.
Convenient access to 580 freeway, Lake Merritt, Fruitvale BART, and public transportation.
Ample parking with 18 spaces (majority carports) providing a 1:1 parking ratio.
Some units feature remodeled kitchens and bathrooms with vinyl floors.

We can help!

Listing Contact

Pedram Karbassi

Learn more

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

Price / SF:

$221/SF

Added:: Apr 24, 2026
Days on Market:: 58
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

We can help!

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

HighLights

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.
Convenient access to 580 freeway, Lake Merritt, Fruitvale BART, and public transportation.
Ample parking with 18 spaces (majority carports) providing a 1:1 parking ratio.
Some units feature remodeled kitchens and bathrooms with vinyl floors.

Overview

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.

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City: Oakland
County: Alameda
State: California
Longitude: -122.2106293
Latitude: 37.7871847

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For sale
Apartment buildings
CA
Oakland
94601
2550 35th ave

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.