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$ 4,350,000
Est. payment | /mo
16,923 SqFt
$ 4,350,000
Est. payment | /mo
16,923 SqFt
Key Details
Property Type Commercial
Sub Type Lowrise (1-3 Flrs)
Listing Status Active
Purchase Type For Sale
Square Footage 16,923 sqft
Price per Sqft $257
MLS Listing ID 41073439
HOA Y/N No
Year Built 1965
Lot Size 8,550 Sqft
Acres 0.2
Property Sub-Type Lowrise (1-3 Flrs)
Property Description
Proud to present 555 Oakland Avenue, a well-maintained 19-unit apartment community located in Oakland's Grand Lake neighborhood. The property consists of one (1) 2 bedroom - 2 bathroom Penthouse, three (3) 2 bedroom - 1 bathroom units, and fifteen (15) 1 bedroom - 1 bathroom units totaling 16,923 square feet. Amenities include 19 garage parking spaces, balconies with views (select units), and an on-site laundry room. This pride of ownership property stands out for its pristine cleanliness, exceptional upkeep, and excellent occupancy history demonstrating the strong demand for this location. This is a rare opportunity to secure a turnkey multifamily asset in one of Oakland's most desired neighborhoods. 555 Oakland Avenue is located just three blocks from the Piedmont Avenue shopping district. Residents benefit from a range of choices, from Michelin-starred restaurant Commis to the historic Piedmont Theatre to the casual Barney's Gourmet Burgers, as well as a variety of other restaurants and shopping options. Commuters will appreciate the close proximity of city bus lines and the MacArthur BART Station, which allows access to the entire Bay Area. Additionally, the property is a short 0.4 mile walk to the hospital (Oakland's largest employer)
Location
State CA
County Alameda
Rooms
Basement Storage Space
Interior
Interior Features Elevator
Heating Wall Furnace
Cooling None
Flooring Vinyl, Carpet
Fireplace No
Exterior
Utilities Available Individual Electric Meter, Individual Gas Meter
Building
Lot Description Corner Lot
Water Public
New Construction No
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Listed by Timothy Warren • NAI Northern California
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Patrick Nagel
REALTOR® | Lic# 1760790