Oakland Multifamily Investment
For Sale
$995,000
Pending
2883 Brookdale Ave, Oakland, CA 94602
Eight-unit property with value-add potential in a desirable Oakland neighborhood.
Property SizeContact for details
Lot Size0.19 Acres
Days on Market280
Property Features for 2883 Brookdale Ave
General Information
Standard status
Pending
Lot size
0.19 Acres
Property subtype
Investment
Building Details
Year Built
1915
Units
8
Listing Agency:
The Prescott Company
Listed By:
Nolan Jones · License #01509417
(510) 867-4806
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 13
Last Checked: Sep 1 at 9:52PM
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 The Prescott Company
Investment Insights
Based on property information with market context.
Located at 2883 Brookdale Avenue in Oakland, this eight-unit property presents a value-add opportunity for investors. The unit mix includes one two-bedroom, two-bathroom unit; four two-bedroom, one-bathroom units; one one-bedroom unit; and three studio units. Four of the units are non-conforming, offering flexibility for potential reconfiguration or legalization. The property benefits from its location in a desirable Oakland neighborhood, with strong rental demand and proximity to major amenities and transportation. Ample off-street parking enhances tenant convenience. Strategic renovations and adjustments could potentially command higher rents and increase overall returns. This property offers both immediate cash flow and long-term growth potential in a thriving market.
Key Highlights
- Value‑add opportunity with potential for increased rents and returns through strategic renovations.
- Desirable Oakland location with strong rental demand and proximity to amenities and transportation.
- Unique unit mix (1 x 2 bed/2 bath, 4 x 2 bed/1 bath, 1 x 1 bed, 3 x studio) offering flexibility.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,100
Businesses Nearby
Explore this area
Business Placement
Demographics for 94602, CA
29,702
Population
13,072
Households
2.3
Avg Household Size
42
Median Age
58%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
8,251
Density / Sq Mi
$124,744
Median Household Income
$65,401
Median Earnings
$1,924
Median Rent
$1,111,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit property with value-add potential in a desirable Oakland neighborhood.
Where is this apartment building located?
The property is located at 2883 Brookdale Ave Oakland, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Value‑add opportunity with potential for increased rents and returns through strategic renovations.; Desirable Oakland location with strong rental demand and proximity to amenities and transportation.; Unique unit mix (1 x 2 bed/2 bath, 4 x 2 bed/1 bath, 1 x 1 bed, 3 x studio) offering flexibility.
