83 Glen Ave - Multi-Family FOR SALE


Oakland, CA 94611- Piedmont Avenue
$1,495,000 USD
707-363-2463
83 Glen Ave, Oakland, CA for Sale
$1,495,000 USD
Multi-Family - FOR SALE
1/18

83 Glen Ave
Oakland, CA 94611
Piedmont Avenue


HIGHLIGHTS

  • Pride-of-Ownership 8-Unit Building one block from Oakland’s coveted Piedmont Avenue retail and dining corridor
  • Desirable Unit Mix of (1) 2BD/1BA, (3) 1BD/1BA, and (4) studio units totaling ±4,264 SF
  • Off-Street Parking with 14 dedicated spaces, secured entry, and shared laundry for tenant convenience
  • 100% Occupied with strong in-place income and upside through unit renovations and rent growth
  • Exceptional Walkability with a 97 Walk Score—steps to Commis, Piedmont Theatre, Fenton’s, and Blue Bottle Coffee
  • Transit-Accessible Location near AC Transit, MacArthur BART, Kaiser, Sutter Health, and Lake Merritt amenities

OVERVIEW

The Mitchell Warren Team is pleased to present 83 Glen Avenue, a pride-of-ownership 8-unit apartment building located just one block from Oakland’s Piedmont Avenue. The property features a desirable unit mix of one (1) 2bd/1ba unit, three (3) 1bd/1ba units, and three (4) studio units, totaling approximately 4,264 square feet. On-site amenities include a secured entry, shared laundry room, and 14 offstreet parking spaces. The property is currently 100% occupied, highlighting the strong rental demand in this highly sought-after location. With solid in-place income and meaningful upside through unit renovations and rent growth, 83 Glen Avenue offers investors a compelling opportunity to acquire a stabilized asset with long-term appreciation potential. Just steps from the vibrant Piedmont Avenue district, 83 Glen Avenue offers unmatched neighborhood charm and urban convenience. With a Walk Score of 97, residents enjoy easy access to top restaurants like Commis, the historic Piedmont Theatre, and local favorites such as Fenton’s Creamery and Blue Bottle Coffee. Daily essentials, grocery stores, and boutiques are all nearby. Commuters benefit from close proximity to AC Transit, the MacArthur BART Station, and major medical centers including Kaiser Permanente and Sutter Health. The property is also near Grand Lake, Lake Merritt, and the Lakeshore shopping district, making it an ideal location for both convenience and lifestyle.

FOR SALE DETAILS

PRICE

$1,495,000 USD

# OF UNITS

8

PRICE/UNIT

$186,875

CAP RATE

6.84%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

One Block from Piedmont Avenue

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1938

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,515 SF

ZONING

-

APN/PARCEL ID

012-0987-025-03

ASK ABOUT THIS PROPERTY

Timothy WarrenNAI GlobalMore Info
707-363-2463

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Timothy WarrenNAI GlobalMore Info
707-363-2463

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