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$4,350,000
Est. payment /mo
16,923 SqFt
UPDATED:
10/31/2024 10:02 AM
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 16,923 sqft
Price per Sqft $257
MLS Listing ID EB41073439
Originating Board Bridge MLS
Year Built 1965
Lot Size 8,550 Sqft
Property Description
Proud to present 555 Oakland Avenue, a well-maintained 19-unit apartment community located in Oakland's Grand Lake neighborhood. The property consists of one (1) 2 bedroom - 2 bathroom Penthouse, three (3) 2 bedroom - 1 bathroom units, and fifteen (15) 1 bedroom - 1 bathroom units totaling 16,923 square feet. Amenities include 19 garage parking spaces, balconies with views (select units), and an on-site laundry room. This pride of ownership property stands out for its pristine cleanliness, exceptional upkeep, and excellent occupancy history demonstrating the strong demand for this location. This is a rare opportunity to secure a turnkey multifamily asset in one of Oakland's most desired neighborhoods. 555 Oakland Avenue is located just three blocks from the Piedmont Avenue shopping district. Residents benefit from a range of choices, from Michelin-starred restaurant Commis to the historic Piedmont Theatre to the casual Barney's Gourmet Burgers, as well as a variety of other restaurants and shopping options. Commuters will appreciate the close proximity of city bus lines and the MacArthur BART Station, which allows access to the entire Bay Area. Additionally, the property is a short 0.4 mile walk to the hospital (Oakland's largest employer)
Location
State CA
County Alameda
Area Other Area
Interior
Heating Wall Furnace
Cooling None
Flooring Vinyl, Carpet - Wall to Wall
Exterior
Exterior Feature Wood Frame
Garage Spaces 19.0
Roof Type Rolled Composition
Building
Water Public
Others
Special Listing Condition Not Applicable
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Listed by Timothy Warren • NAI Northern California
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