1504 13th Ave - Apartments FOR SALE


Oakland, CA 94606- East Lake
$1,550,000 USD
510-759-6844
1504 13th Ave, Oakland, CA for Sale
$1,550,000 USD
Apartments - FOR SALE
1/20
null | 7.78% Cap Rate

1504 13th Ave
Oakland, CA 94606
East Lake


HIGHLIGHTS

  • 8-unit Oakland multifamily with strong in-place cash flow
  • 7.78% cap rate at $193,750/unit
  • Two vacant units + market rent upside
  • Favorable unit sizes and tenant mix
  • Well-located urban asset with long-term appreciation potential

OVERVIEW

Introducing an exceptional investment opportunity in the heart of Oakland, CA. This property at 1504 13th Ave o?ers 8 units, providing a prime opportunity for a multifamily/high-rise investor to expand their portfolio. Each unit is thoughtfully designed with modern amenities and spacious layouts, ensuring maximum tenant satisfaction. The central location in Oakland presents a promising rental market and strong potential for long-term growth. With its attractive unit count and strategic positioning, this property is poised to deliver strong returns and establish a valuable presence in the thriving Oakland real estate market.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$232 USD /SF

# OF UNITS

8

PRICE/UNIT

$193,750

CAP RATE

7.78%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1897

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,006 SF

ZONING

C40, Oakland

APN/PARCEL ID

020-0169-012-00

ASK ABOUT THIS PROPERTY

Sam HayesNAI Northern CaliforniaMore Info
510-759-6844

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Sam HayesNAI Northern CaliforniaMore Info
510-759-6844

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.