Active

Price Change

555 Oakland Ave

Oakland CA, 94611

$4,350,000


$257.05 per sqft

Active

Price Change

16,923 sqft

Commercial

Built in 1965

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)

41073439

MLS ID

September 17, 2024

Listed

October 24, 2024

Updated

Map

555 Oakland Ave
Oakland CA, 94611

Interior Features

Interior Features

Elevator


Floor Description

Vinyl, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.2 Acres


Lot Features

Corner Lot


Roof

Rolled/Hot Mop

Other Property Details

Area Name

Oakland


Garage

Yes


Parking

Garage, Garage Faces Side


View

No


County

Alameda


Water Source

Public


Pool

No

Listing History

Date

Event

Price

10/24/2024

Price change

$4,350,000

-6%

Listed by Timothy Warren with NAI Northern California
Listing Contact: 510-336-4719 

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