335 3rd St - Apartments FOR SALE


Oakland, CA 94607- Jack London Square
$17,000,000 USD
408-835-7030
335 3rd St, Oakland, CA for Sale
$17,000,000 USD
Apartments - FOR SALE
1/10
null | 5% Cap Rate


OVERVIEW

335 3rd Street – Next-Generation New Construction Multifamily Opportunity Introducing 335 3rd Street, an exceptional newly developed residential asset in the heart of Oakland. Thoughtfully designed with a rare blend of advanced engineering, sustainability, privacy, and modern luxury, this 38-unit one-bedroom multifamily property sets a new benchmark for urban living and long-term investment quality. Currently under development with an estimated completion date of May 15, 2026, the property offers buyers unique acquisition flexibility and can be delivered vacant or fully leased, subject to mutually agreed-upon contract terms. This is far more than a conventional apartment building—335 3rd Street was conceived as a high-performance residential environment where innovative building systems meet elevated resident comfort. Sustainable Infrastructure & Energy Efficiency At the core of the development is a state-of-the-art closed-loop geothermal ground-source heat pump system. By leveraging the earth’s constant underground thermal mass, the building eliminates the need for traditional chillers and condensers, resulting in lower operating costs, reduced carbon emissions, and enhanced seasonal energy efficiency. This forward-looking mechanical infrastructure creates a highly efficient and environmentally conscious asset positioned for the future of multifamily ownership. Superior Acoustic Engineering & Privacy Resident comfort is elevated through advanced structural sound isolation systems rarely found in conventional multifamily construction. Each residence is engineered with a multi-layered decoupled barrier system featuring: Lateral Isolation: Wall-air gap-wall assemblies designed to reduce sound transmission between neighboring units Vertical Isolation: Specialized floor-steel-ceiling construction minimizing impact noise and vibration between floors Environmental Shielding: Dual-envelope exterior design mitigating street noise for a calm interior atmosphere The result is an exceptionally quiet and private living experience in an urban setting. Premium Residence Features Each home is thoughtfully curated with efficient, modern finishes designed for both function and aesthetics: Full-sized in-unit washer and dryer Precision induction cooktops Contemporary wall-hung toilets with concealed tanks Integrated privacy glass in bedrooms for optimized natural light and seclusion Efficient one-bedroom layouts with modern design appeal Investment Highlights New construction multifamily asset 38 one-bedroom residences Estimated completion: May 15, 2026 Available for delivery vacant or fully leased per contract terms Advanced geothermal energy infrastructure Superior acoustic privacy systems Strong renter appeal and premium positioning Prime Oakland location near downtown, transit, and employment centers Attractive long-term appreciation and income potential A Rare Opportunity 335 3rd Street represents a rare chance to acquire a next-generation multifamily asset with cutting-edge sustainability features, exceptional resident comfort, and flexible delivery options. Designed to stand apart in the marketplace, this property offers immediate relevance for both owner-users and investors seeking a differentiated Bay Area acquisition. Contact broker for pricing guidance, timelines, leasing strategy, and private tours.

FOR SALE DETAILS

PRICE

$17,000,000 USD

PRICE/SF

$688 USD /SF

# OF UNITS

38

PRICE/UNIT

$447,368

CAP RATE

5%

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Skyline 335

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

8

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,929 SF

ZONING

D-CT-C

APN/PARCEL ID

001-0149-004-02

ASK ABOUT THIS PROPERTY

408-835-7030

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408-835-7030

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