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Property profile & analytics
FOR SALE
Apartment buildings

2505 10Th Ave Oakland, CA 94606

23,750 SF Built 1957
Property ID
US09-Q025377
2505 10Th Ave, Oakland, CA 94606 For Sale
$6,250,000 23,750 SF
2505 10Th Ave, Oakland, CA 94606
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Property summary
AI-generated overview

Eastlake Apartments is a 35-unit market rate apartment complex located in Oakland totaling 23,750 square feet. The property is comprised of 3 buildings on 1 lot with 29 one bedroom/ one bathroom, 5 two bedroom/one bath, and 1 studio unit and 31 on-site parking spaces. Amenities include on-site laundry, secured access entry, mostly dual pane windows, individually metered gas and electricity, and some unit views of downtown Oakland. This property comprises of 35 units presenting a unique strategic opportunity for an investor to rapidly establish a substantial presence in Oakland. 2505-2525 10th Ave presents a compelling opportunity for workforce housing investment, the asset offers investors a reliable and consistent revenue stream, driven by the growing demand for affordable housing in the fast Oakland market. The property benefits from exceptional connectivity to the Bay Area, with convenience access to Lake Merritt, Interstate 580 and 880 and proximity to Oakland International Airport, allowing residents several transportation options and ease of access to key regions throughout the Bay.

Property profile
Verified
Property type Apartment buildings
Year built 1957
Total area 23,750 SF
UPID US09-Q025377
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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