912 Oak St - Apartments FOR SALE


Oakland, CA 94607- Chinatown
$750,000 USD
415-625-2117
912 Oak St, Oakland, CA for Sale
$750,000 USD
Apartments - FOR SALE
1/6
null | 6.18% Cap Rate

912 Oak St
Oakland, CA 94607
Chinatown


HIGHLIGHTS

  • Superior location walking distance to retail stores in Downtown Oakland, Lake Merritt BART, and Lake Merritt.
  • One Studio and Five One-Bed/One-Bath units.
  • Fantastic value-add opportunity for a new investor - first time on the market in several decades.
  • Five of the six units are currently vacant facilitating renovation.
  • Easy access to top Bay Area employers via. BART located just one-block away offering compelling driver of rent growth.

OVERVIEW

SHOWING & PROPERTY TOURS: TUESDAY JULY 14TH, 2026 AT 11:00AM & WEDNESDAY JULY 15TH, 2026 AT 3:00PM PLEASE RSVP TO ATTEND CONTACT LISTING AGENT JON HOLMQUIST 415-625-2117 FOR FULL OFFERING MEMORANDUM This offering of six units at 912 Oak St Avenue, Oakland, CA represents a rare opportunity to acquire a well-located and attractive multifamily property in the China Town neighborhood of Oakland, CA just one block from Lake Merritt. The current owner has owned the property for several decades. The property is constructed with a wood-frame structure and stucco exterior. The unit mix consists of six units, including one studio and five one-bedroom/one-bath units. Five of the six units are currently vacant with one one-bedroom/one-bath occupied by a long-term tenant. While the units were renovated approximately 30 years ago by the current ownership, they present an opportunity for further upgrades to maximize rental income and overall property value. The property is separately metered for gas and electricity, with the potential to implement a RUBS program to further enhance income. Tenants benefit from great walkability, with a Walk-Score of 93 (Walkers Paradise). Nearby public transport, or short walk allow easy access to ample retail, Lake Merritt BART station, and the shoreline of Lake Merritt. The building’s ideal location positions it to benefit from Oakland’s rebound and provide tenants with easy access to Downtown Oakland and San Francisco’s primary employment centers. The huge AI boom in San Francisco is starting to provide spillover to Oakland as jobs and rents have stabilized and strengthened.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$189 USD /SF

# OF UNITS

6

PRICE/UNIT

$125,000

CAP RATE

6.18%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

912 OAK ST — PRIME LOCATION, VALUE ADD

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1912

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,001 SF

ZONING

-

APN/PARCEL ID

002-0093-010-00

ASK ABOUT THIS PROPERTY

Jon HolmquistJon HolmquistMore Info
415-625-2117

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

Jon HolmquistJon HolmquistMore Info
415-625-2117

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