555 Oakland Ave Oakland, CA $ 4,600,000
555 Oakland Ave
$ 4,600,000
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555 Oakland Ave

Oakland, CA, 94611
$ 4,600,000
Baths0.0 Sq 16,923

Monthly Estimate*

$ 27,550

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Studio

Commercial Property for sale in Oakland, CA

for $4,600,000. This 16,923 square foot building was built in 1965 on a lot size of 0.196281.

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)

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Commercial Active

Price

$ 4,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lowrise (1-3 Flrs)

Lot Size

0.196281

Year Built

1965

Town/City

Oakland

County/Region

Alameda

MLS | Web ID

41073439

Features
General
Interior Features Elevator
Heating Wall Furnace
Cooling None
Utilities Individual Electric Meter Individual Gas Meter
Roof Rolled/Hot Mop
Construction Materials Frame
Year Built 1965
Property SubType Lowrise (1-3 Flrs)
County Alameda
Property Type Commercial Sale
Home Owner Assoc Y
Garage Y/N Yes
Status New
Directions 2nd intersection on Oakland Ave
City Oakland
MLS Area Listing
Lot Size Square Feet 8550
Standard Status Active
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Interior
Flooring Vinyl Carpet
Air Conditioning Y/N No
Heating Y/N Yes
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Exterior
Parking Features Garage Garage Faces Side
Lot Features Corner Lot
Water Source Public
Lot Size Area 8712
Lot Size Acres 0.2
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* Excluded Features
List By
Timothy Warren

Listing Agent

Nai Northern California

Broker

twarren@nainorcal.com

Email

Affordability Calculator

$27,550
Per Month
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0%
0%
Monthly Principal & Interest
$27,550
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2024$4,600,000 Listed Price

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555 Oakland Ave, Oakland, CA, 94611 is a Commercial Property for sale at $4,600,000 with 16,923 sqft and a lot size of 0.196281. 555 Oakland Ave is a studio with 0.0 baths and was built in 1965. The property's zip code is 94611 which is in Oakland, CA