305 Lenox Avenue is a well-maintained 10-unit multifamily property located in the sought-after Adams Point neighborhood of Oakland, just blocks from Lake Merritt. The property features an attractive and efficient unit mix of (1) Studio, (8) 1BR/1BA, and (1) 2BR/1BA units, totaling approximately 6,982 square feet of rentable space. This offering provides investors with strong in-place cash flow, delivering a 6.12% in-place cap rate and 9.15 GRM based on current income. The property benefits from historically low vacancy, stable tenant demand, and upside potential through continued rental growth in one of Oakland’s most desirable rental submarkets. With its unbeatable location, strong financial performance, and long-term growth potential, 305 Lenox Avenue is an ideal opportunity for both cash-flow focused and value-add investors. Situated in the heart of Oakland’s desirable Adams Point neighborhood, 305 Lenox Avenue offers an unbeatable urban lifestyle just steps from Lake Merritt. This highly walkable and transit-friendly location places residents within proximity to Grand Avenue and Lakeshore Avenue’s vibrant mix of cafés, restaurants, shops, and essential services.