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Oakland Multifamily Property with Renovated Units

2605 9th Ave, Oakland, CA 94606

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For Sale

$2,598,000

Renovated 10-unit multifamily property in Oakland, near medical facilities.

Type:Investment

Property size:

7,600 SF

Lot size:

0.17 Acres

Price / SF:

$341/SF

HighLights

10 renovated units, featuring 8 two‑bedroom and 2 one‑bedroom layouts, each with private baths and kitchens.
Separate gas and electric meters and individual hot water heaters for each unit, reducing owner expenses.
10 parking spaces on a .17 acre lot.
Laundry on site provides additional income.
Located in a diverse, established Oakland neighborhood with good transit (Transit Score: 55).
No deferred maintenance and in good condition.

We can help!

Listing Contact

Steven Peterson

Learn more

For Sale

$2,598,000

Renovated 10-unit multifamily property in Oakland, near medical facilities.

Type:Investment

Property size:

7,600 SF

Lot size:

0.17 Acres

Price / SF:

$341/SF

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 4:07 pm

Property Features for 2605 9th Ave

General Information

Standard status: Active
Size: 7,600 SF
Lot size: 0.17 Acres
Property subtype: Investment

Building Details

Year Built: 1964

We can help!

Listing Contact

Steven Peterson

Listing agent Steven Peterson License #01746140

Listing office INFINITY 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 INFINITY INVESTMENTS

HighLights

10 renovated units, featuring 8 two‑bedroom and 2 one‑bedroom layouts, each with private baths and kitchens.
Separate gas and electric meters and individual hot water heaters for each unit, reducing owner expenses.
10 parking spaces on a .17 acre lot.
Laundry on site provides additional income.
Located in a diverse, established Oakland neighborhood with good transit (Transit Score: 55).
No deferred maintenance and in good condition.

Overview

Located at 2605 9th Ave in Oakland, California, this two-story property features 7,600 rentable square feet. Constructed in 1964, the building includes 10 units: eight two-bedroom, one-bathroom units and two one-bedroom, one-bathroom units, each with private baths and kitchens. The property sits on a 0.17-acre lot and includes 10 parking spaces. The building has a concrete perimeter foundation, wood exterior walls, and a composition shingle roof. On-site laundry facilities are available. All units have been renovated. Each unit is equipped with separate gas and electric meters and individual hot water heaters. The property is in good condition with no deferred maintenance. The building offers affordable living and a strong sense of community, appealing to those seeking proximity to medical facilities and a diverse, established neighborhood. Upstairs units offer pleasant views from the entry and living room. The coin-operated laundry provides additional income. The property has a bike score of 44, indicating it is somewhat bikeable, a walk score of 66, indicating it is somewhat walkable, and a transit score of 55, indicating good transit options.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$287.3k	$37.80
− Vacancy	−$15.8k	−$2.08
EGI	$271.5k	$35.72
− OpEx	−$122.2k	−$16.07
NOI	$149.3k	$19.65

7,600 SF · lease $37.80/SF/yr · vacancy 5.50% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$2.13M

$1.87M – $2.49M (±1% cap)

NOI $149,314 @ 7.0% cap · market cap 5.75%

Second Best

—

no second resolved use

Theoretical Best

Office A

$3.46M

$3.03M – $4.04M (±1% cap)

NOI $242,344 @ 7.0% cap · market cap 9.33%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Richard Bell's Cleaning ... General Contractor

Suggested Use

Location Insight

Map
Local Demand

City: Oakland
County: Alameda
State: California
Longitude: -122.2397554
Latitude: 37.8007643

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For sale
Apartment buildings
CA
Oakland
94606
2605 9th Ave

What type of property is this?

Apartment building - Renovated 10-unit multifamily property in Oakland, near medical facilities.

Where is this apartment building located?

The property is located at 2605 9th Ave Oakland, CA.

What is the asking price?

The asking price for this property is $2,598,000.

What are key features of this property?

This property features: 10 renovated units, featuring 8 two‑bedroom and 2 one‑bedroom layouts, each with private baths and kitchens.; Separate gas and electric meters and individual hot water heaters for each unit, reducing owner expenses.; 10 parking spaces on a .17 acre lot.

2605 9th Ave, Oakland, CA 94606

Renovated 10-unit multifamily property in Oakland, near medical facilities.

Property Features for 2605 9th Ave

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Oakland Commercial Property on International Blvd

Vacant-Delivery Triplex Opportunity

Two-Story Fourplex with Updated Units

Fourplex with Private Entries

Duplex with Rear Yard

Victorian Fourplex in Downtown Oakland

Duplex with Attached Garage

Oakland Fourplex with Vacant Unit

Oakland Triplex Near Pill Hill

Remodeled Two-Home Property with ADU

Duplex with Canyon View Deck

Oakland Multifamily Property For Sale

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