316 12th St is a beautifully-designed redeveloped mixed-use multifamily community located in the heart of Downtown Oakland. Situated on a 9,453 square foot parcel of land, the subject property was originally constructed in 1909 but more recently redeveloped in 2023. The renovations include the transformation of a two-story commercial building into a ve story mixed-use building boasting a gross building area of approximately 35,702 square feet, offering 27 residential units and 2 vacant ofce/retail suites. The rst two oors are constructed with glulam columns and beams while the top three oors are built with oor panels point-supported on columns made from a veneer-based CLT. Tenants are situated in the heart of Downtown Oakland and enjoy brand new unit amenities including stainless steel appliances, dishwashers, modern cabinetry, ample interior and exterior lighting, in-unit washers and dryers, central heating and AC, and much more. Additionally, tenants are just a 4-minute walk from the Downtown BART station and enjoy convenient access to a myriad of shopping, dining and entertainment options within the local neighborhood. Lake Merritt is also approximately 10 minutes away from the subject property, which hosts many activities ranging from scenic walking and jogging paths to boating, birdwatching, and cultural events at nearby venues. The investment appeal of this asset is driven by the subject property's new construction and high cash ow potential. With a world-class location in the heart of Downtown Oakland, 316 12th St presents an attractive choice for investors due to its new construction components, proximity to major employers, transportation corridors, shopping, dining, and entertainment options.