Additional details
Listed by Willem Bos • COMPASS
$5,350,000
Est. payment /mo
3 Beds
3 Baths
24,960 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 24,960 sqft
Price per Sqft $214
MLS Listing ID MR41091342
Bedrooms 3
Originating Board Bridge MLS
Year Built 1967
Lot Size 0.285 Acres
Property Sub-Type Five or More Units
Property Description
561 Oakland Avenue, an immaculate 22-Unit apartment community in Oakland's Grand Lake neighborhood. The property comprises of one oversized 1,500 Sf Penthouse, nine (9) 2 bedroom - 2 bathroom Units, and twelve (12) 1 bedroom - 1 bathroom Units totaling 24,960 square feet. Amenities include 22 garage parking spaces, balconies with views, and a tenant on-site laundry room. This pride of ownership property has never seen the market since its original construction, allowing it to stand out for its pristine cleanliness, exceptional upkeep, and historically low vacancy rate, demonstrating the strong demand for this location. Don't miss this rare opportunity to secure a turnkey multifamily asset in one of Oakland's most desired neighborhoods. 561 Oakland Avenue is located just three blocks from the Piedmont Avenue shopping district. Residents can enjoy the convenience of various choices, from Michelin-starred restaurant Commis to the historic Piedmont Theatre to the casual Barney's Gourmet Burgers and various other restaurants and shopping options. Commuters will find the property's proximity to city bus lines and the MacArthur BART Station, which allows access to the entire Bay Area, highly convenient. Additionally, the property is a short 0.4-mile walk t
Location
State CA
County Alameda
Area Oakland Zip Code 94611
Interior
Cooling None
Flooring Tile, Vinyl, Carpet - Wall to Wall, Hardwood
Laundry Laundry Facility - Coin-Op
Exterior
Exterior Feature Concrete, Masonry, Siding - Wood
Garage Spaces 22.0
View Bay, Bay Bridge, San Francisco, Downtown
Building
Lot Description Regular
Water Public
Others
Tax ID 010-081-500-902
Special Listing Condition Not Applicable
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