411 E 17th St - Apartments FOR SALE


Oakland, CA 94606- East Lake | 
$4,600,000 USD
415-640-6411
411 E 17th St, Oakland, CA for Sale
$4,600,000 USD
Apartments - FOR SALE
1/10
null | 6.39% Cap Rate

411 E 17th St
Oakland, CA 94606
East Lake


HIGHLIGHTS

  • Boasts a Walkscore of 93
  • Conveniently located just three blocks off of Lake Merritt
  • Walk to BART in less than 20 minutes
  • Located just two blocks from Athol Plaza Park
  • Close to employment centers, transit services, and neighborhood retail.
  • Multifamily asset within the San Francisco Bay Area market.

OVERVIEW

411 E 17th Street presents an opportunity to acquire a multifamily apartment asset in Oakland's Eastlake district, a centrally located neighborhood positioned near Downtown Oakland, Lake Merritt, and major regional transportation corridors. The property consists of a 28-unit residential building constructed in 1961 and situated on an approximately 15,000-square-foot parcel. Its location provides residents with access to employment centers, neighborhood retail services, public transportation options, and recreational amenities surrounding Lake Merritt, one of Oakland's most recognized destinations. The asset benefits from connectivity to Interstate 880, Interstate 580, and State Route 24, supporting convenient travel throughout the Bay Area. Downtown Oakland, the Lake Merritt BART Station area, and the city's civic and commercial districts are located nearby, contributing to ongoing residential demand from commuters and local workforce populations. The surrounding neighborhood includes a mix of residential housing, community services, restaurants, and neighborhood-serving retail uses that support long-term occupancy fundamentals. For investors seeking a multifamily holding in one of Northern California's largest urban markets, the property offers an established residential footprint within a densely developed infill location. Oakland's position within the San Francisco Bay Area continues to provide access to a diverse employment base, major transportation infrastructure, educational institutions, healthcare facilities, and regional commerce. The combination of an existing apartment community, urban accessibility, and proximity to key demand generators creates a compelling opportunity for investors focused on long-term ownership and operational performance.

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$300 USD /SF

# OF UNITS

28

PRICE/UNIT

$164,286

CAP RATE

6.39%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stanley Court Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1961

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,000 SF

ZONING

R60, Oakland

APN/PARCEL ID

20185181

ASK ABOUT THIS PROPERTY

Matt TreadwayThe Lapham Company, Inc.More Info
415-640-6411

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Matt TreadwayThe Lapham Company, Inc.More Info
415-640-6411

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