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12-Unit Apartment Building
For Sale
$2,200,000

430 Vernon St, Oakland, CA 94610

Apartment community with convenient access to Downtown Oakland, Lake Merritt, regional highways, and nearby retail destinations.

Property SizeContact for details
Lot Size0.18 Acres
Days on Market8

Property Features for 430 Vernon St

General Information

Standard status Active
Lot size 0.18 Acres
Property subtype Investment

Additional Details

Highway Access Yes
Multifamily Units 12

Building Details

Year Built 1961
Units 12
Listing Agency: Colliers - Oakland, California
Listed By: Ryan Rodriguez · License #01304358
Source: Elliman
Added: Sep 9 Changed: Sep 13 Last Checked: Sep 15 at 8:58AM

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 Colliers - Oakland, California

Investment Insights

Based on property information with market context.

Built in 1961, this 12-unit apartment community occupies a 0.18-acre parcel at 430 Vernon Street in Oakland. The property includes community amenities and offers an established multifamily configuration in a walkable East Bay setting.

The location places residents near Downtown Oakland employment centers, retail destinations, and Lake Merritt. Regional access includes I-580 and I-980, while neighborhood mobility is reflected in a walk score of 88, a bike score of 60, and a transit score of 53. Current in-place rents show a 20.17% loss-to-lease, providing a specific point of reference for evaluating the existing rent position.

Key Highlights

  • 12‑unit apartment community on a 0.18‑acre parcel
  • Built in 1961
  • Located at 430 Vernon Street in Oakland, CA 94610

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Plumbing Service Grocery & Convenience Store Carpet & Flooring Store Mobile Phone Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,100
Businesses Nearby

Demographics for 94610, CA

31,261
Population
17,926
Households
1.7
Avg Household Size
39
Median Age
73%
College-Educated
96%
High-School Grad
2.1 sq mi
ZIP Area
14,886
Density / Sq Mi
$130,435
Median Household Income
$90,577
Median Earnings
$2,184
Median Rent
$1,324,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment community with convenient access to Downtown Oakland, Lake Merritt, regional highways, and nearby retail destinations.
Where is this apartment building located?
The property is located at 430 Vernon St Oakland, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 12‑unit apartment community on a 0.18‑acre parcel; Built in 1961; Located at 430 Vernon Street in Oakland, CA 94610
More about this property
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