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555 Oakland Ave
Oakland, CA 94611

Three Blocks from Piedmont - $250K Reduction · Multifamily Property For Sale · 19 Units

INVESTMENT HIGHLIGHTS

  • Pride of ownership 19-unit asset located in Oakland's Grand Lake Neighborhood
  • Amenities include 19 garage parking spaces, balconies with views, and an on-site laundry room
  • Just three blocks from Piedmont Avenue offering access to endless restaurants and shopping choices
  • (1) 2bd/2ba Penthouse, three (3) 2bd/1ba units, and fifteen (15) 1bd/1ba units
  • Excellent occupancy history demonstrating the strong demand for this location
  • 0.4 mi to Kaiser Permanente, and 0.8 mi to Alta Bates Medical Center, Oakland's largest employers

PROPERTY FACTS

No. Units 19
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.20 AC
Building Size 21,702 SF
Average Occupancy 95%
Number of Floors 3
Year Built 1964
Parking Ratio 1.05/1,000 SF

UNIT AMENITIES

  • Balcony
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Wi-Fi
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS Avg. Rent.Mo SF
1+1 15 - 700
2+1 3 - 900
2+2 1 - 950

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010-0815-010-00
Land Assessment
£737,158
Improvements Assessment
£2,239,078
Total Assessment
£2,976,237

ZONING

Zoning Code N/Av, Oakland
N/Av, Oakland
  • Listing ID: 33210963

  • Date on Market: 17/09/2024

  • Last Updated:

  • Address: 555 Oakland Ave, Oakland, CA 94611

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