Oakland Multifamily Investment
For Sale
$5,779,000
3104 14th Avenue, Oakland, CA 94602
29-unit apartment building near Highland Hospital with upside potential.
Property Size28,244 SF
Price / SF$204.61
Days on Market235
Property Features for 3104 14th Avenue
General Information
Standard status
Active
Size
28,244 SF
Total Parking Spaces
15
Property subtype
5+ Units
Amenities
Basement - Partial
See Remarks
Building Details
Year Built
1949
Listing Agency:
Infinity Investments
Listed By:
Steven Peterson · License #01746140
(408) 509-0700
Source:
Compass
Added: Jan 10
Changed: Aug 8
Last Checked: Jul 16 at 11:08AM
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
Investment Insights
Based on property information with market context.
Located at 3104-3112 & 3130 14th Ave in Oakland, California, this two-story apartment building offers a multifamily investment opportunity. Constructed in 1949, the property features a concrete perimeter foundation, wood exterior walls, and a composition shingle roof. The building comprises 29 apartments within 32,382 rentable square feet. The unit mix includes 2 studios, 23 one-bedroom units, and 4 two-bedroom units. On-site amenities include laundry facilities. 80% of the units have been renovated. Each unit is equipped with separate gas and electric meters, as well as individual hot water heaters. Parking is provided by 7 attached garages and 8 covered spaces. The property consists of two separate parcels, one with 8 units and the other with 21 units. The building is situated across the street from the Highland Hospital complex and approximately two blocks from the westbound ramp to 580. A Quik Stop gas and convenience store is nearby. There is a potential for a 20% increase in current rents.
Key Highlights
- 20% upside in current rents allows for increased returns and leveraged investment.
- 29 large apartments with a desirable unit mix: 2 Studios, 23 one‑bedroom units, and 4 two‑bedroom units.
- 80% of units have been renovated.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,283
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 - 29-unit apartment building near Highland Hospital with upside potential.
Where is this apartment building located?
The property is located at 3104 14th Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $5,779,000.
What are key features of this property?
This property features: 20% upside in current rents allows for increased returns and leveraged investment.; 29 large apartments with a desirable unit mix: 2 Studios, 23 one‑bedroom units, and 4 two‑bedroom units.; 80% of units have been renovated.
