1906 Multifamily with Bonus
260 Park View Ter Oakland, CA 94610
260 Park View Ter, Oakland, CA, 94610
$2,100,000
For Sale
$2,100,000
1906 multifamily property with four units plus one bonus unit, including a 4-bedroom unit delivered vacant at close.
Property Size3,322 SF
Price / SF$632.15
Days on Market71
Property Features for 260 Park View Ter
General Information
- Standard status
- Active
- Size
- 3,322 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1906
Listing agency
BellStreet
(650) 282-0477
Listed by
Amit Urban · License #01998926
Source
Commercialcafe
Added: May 14 Updated: Jul 22 at 5:52PM Checked: Jul 22 at 5:52PM
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 BellStreet
Investment Insights
Based on property information with market context.
Built in 1906, this character-rich multifamily property includes four units plus one bonus unit across 3,322 SF. A spacious 4-bedroom unit will be delivered vacant at the close of escrow, providing immediate flexibility for occupancy, renovation, or leasing.
Located at 260 Park View Ter in Oakland’s Adams Point neighborhood, the property is described as steps from Lake Merritt and near the Uptown district, Fox Theater, art galleries, dining, parks, shopping, and public transportation.
For sale as a multifamily asset, the layout supports either owner-occupancy with rental income from the remaining units or acquisition for an investor portfolio.
Located at 260 Park View Ter in Oakland’s Adams Point neighborhood, the property is described as steps from Lake Merritt and near the Uptown district, Fox Theater, art galleries, dining, parks, shopping, and public transportation.
For sale as a multifamily asset, the layout supports either owner-occupancy with rental income from the remaining units or acquisition for an investor portfolio.
Key Highlights
- Built in 1906, character‑rich multifamily property in Oakland’s Adams Point neighborhood
- 4 units plus 1 bonus unit totaling 3,322 SF
- Includes a 4‑bedroom unit delivered vacant at the close of escrow
Local Financial Insights For Apartment 5plus
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 | $133.5k | $40.20 |
| − Vacancy | −$6.0k | −$1.81 |
| EGI | $127.5k | $38.39 |
| − OpEx | −$57.4k | −$17.28 |
| NOI | $70.1k | $21.12 |
3,322 SF · lease $40.20/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.00M
$876.8K – $1.17M
NOI $70,144 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.09M
$951.7K – $1.27M
NOI $76,133 @ 7.0% cap · market cap 3.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ezra Engine Agency
Insurance Agency
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FAQs
What type of property is this?
Apartment building - 1906 multifamily property with four units plus one bonus unit, including a 4-bedroom unit delivered vacant at close.
Where is this apartment building located?
The property is located at 260 Park View Ter Oakland, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Built in 1906, character‑rich multifamily property in Oakland’s Adams Point neighborhood; 4 units plus 1 bonus unit totaling 3,322 SF; Includes a 4‑bedroom unit delivered vacant at the close of escrow
