OPEN HOUSE: Saturday March 28th and Sunday March 29th - 12:00 pm - 2:00 pm
Introducing 254–256 29th Street, a compelling investment opportunity located in Oakland’s highly sought-after Adams Point neighborhood. This 4,308 SF property, originally built in 1926, consists of four spacious ~1,000 SF 2-bedroom, 1-bathroom units, along with an additional 2-bedroom, 1- bathroom in-law unit. The building has been thoughtfully upgraded and meticulously maintained, featuring modernized interiors with renovated kitchens and bathrooms, stainless steel appliances, and updated flooring
throughout. Two units are currently vacant, offering immediate upside for an owner-occupant or the ability to achieve market rents for a pure investment play.
Situated on a generous lot, the property presents strong potential for additional ADU development in place of the three detached garages (buyer to verify). The asset is separately metered for gas and electricity, with individual water heaters for each unit, contributing to efficient operations and reduced expenses. With its prime location, strong in-place fundamentals, and clear value-add potential, 254–256 29th Street represents a rare opportunity to acquire a well-performing asset with both
stability and upside in one of Oakland’s most desirable rental markets.
256 29th Street is located in Oakland's Adam's Point/ Westlake neighborhood. This highly sought after location is within walking/ biking distance to some of Oakland's top neighborhoods, including Grand Lake, Piedmont Avenue, and downtown. Tenants enjoy being one block from Grocery Outlet as well as a short walk to the shops on Broadway such as Sprouts, CVS Pharmacy, Starbucks, Chipotle, and many more. The commuter central location provides easy access to 19th Street BART, I-580, I-880, I-980, leading to main employment hubs in downtown Oakland, Berkeley, and San Francisco.