31 Croxton Ave, Oakland, CA 94611

Building Details

Year Built

1957

Listing office COMPASS w***@bosgroupcre.com Show Phone

Listing date Apr 14, 2026

Source Exitrealty

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Overview

31 Croxton Ave is an eight-unit multifamily property featuring eight large 1-bedroom, 1-bath apartments. The building is soft-story compliant and has completed SB 721 balcony requirements. Gas and electricity are separately metered, providing distinct utility allocation by unit.

The property is located in Oakland’s Piedmont Avenue neighborhood within walking distance to Piedmont Ave shops and dining, with BART nearby and Adams Point adjacent. The current operating profile is supported by rental income of over $13,000 per month, with the seller reporting a 6.65% cap rate and a 9.6 GRM at the asking price of $1,625,000.

This asset is well suited for investors seeking a turnkey multifamily with immediate income generation. Each unit is a 1-bedroom, 1-bath configuration, and the seller notes there may be opportunities through unit renovations and future rent adjustments; buyers are asked to verify potential to reconfigure units or add bedrooms. The combination of compliance work completed, separate utility metering, and an eight-unit layout supports straightforward management for a broad range of multifamily buyers.

Suggested Use

Mobile Phone Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Restaurant Tanning Salon Butcher Clothing & Fashion Store Clothing & Fashion Store Restaurant Clothing & Fashion Store

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

Location Insight

• Map
• Local Demand

City

Oakland

County

Alameda

State

California

Longitude

-122.25918

Latitude

37.8209184

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FAQs

What type of property is this?

Apartment building - Eight large 1-bedroom units with separate gas and electric meters in a Piedmont Avenue-area building.

Where is this apartment building located?

The property is located at 31 Croxton Ave Oakland, CA.

What is the asking price?

The asking price for this property is $1,625,000.

What are key features of this property?

This property features: 8‑unit multifamily built in 1957 with eight large 1‑bedroom, 1‑bath units; Currently generates over $13,000/month in rental income; Asking price $1,625,000 supports a 6.65% cap rate and 9.6 GRM