260 Park View Ter - Apartments FOR SALE


Oakland, CA 94610- Adams Point
$1,988,000 USD
650-282-0477
260 Park View Ter, Oakland, CA for Sale
$1,988,000 USD
Apartments - FOR SALE
1/9
null | 5.74% Cap Rate

260 Park View Ter
Oakland, CA 94610
Adams Point


HIGHLIGHTS

  • Desirable Adams Point Location
  • Qualifies for Residential Financing
  • Benefits from the Mill's Act Tax Reduction of approximately 50%
  • Private Garages

OVERVIEW

Discover a rare opportunity to own a piece of Oakland's history at 260 Park View Terrace. Situated in the sought-after Adams Point neighborhood, this character-rich 1906 multifamily property offers four units plus one bonus unit across 3,322 SF. Whether you're an owner-occupier looking to live in one unit while generating rental income from the rest, or an investor looking to expand your portfolio, this asset offers exceptional versatility. The property's classic architecture and timeless appeal set it apart in a market where character is increasingly rare. Steps from the scenic shores of Lake Merritt and immersed in one of Oakland's most vibrant and walkable neighborhoods, the location speaks for itself. Residents enjoy easy access to dining, parks, transit, restaurants, shopping, and the energy of a truly thriving urban community. The spacious 4-bedroom unit will be delivered vacant at the Close of Escrow, offering immediate flexibility, move in, renovate, or lease at market rate from day one.

FOR SALE DETAILS

PRICE

$1,988,000 USD

PRICE/SF

$598 USD /SF

# OF UNITS

4

PRICE/UNIT

$497,000

CAP RATE

5.74%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1906

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

MF

APN/PARCEL ID

010-0771-032-00

ASK ABOUT THIS PROPERTY

Amit UrbanBellStreetMore Info
650-282-0477

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Amit UrbanBellStreetMore Info
650-282-0477

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