29 apartments in two two-story buildings on two parcels (21 units and 8 units), built in 1949: 23 one-bedrooms, 4 two-bedrooms and 2 studios in about 32,382 SF. About 80% of units have been renovated. Seven garages and eight covered parking spaces, plus coin laundry on site, add income. Gas and electric are separately metered. Market rents run about 17% above in-place rents. In Oakland's Highland Park area by the Tuxedo and Dimond neighborhoods, across from Highland Hospital and minutes from Glenview, the Dimond District and Lake Merritt, with quick I-580 access. 7.03% current cap; 7.82% pro forma cap. Existing financing in place. Motivated ownership: all offers reviewed; Q4 2026 close preferred.
| MLS # | ML82064079 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1949 |
| Days On Site | 18 |
| Listing Provided By | KW Advisors | Alina Siert |
| SQ Feet | 32,382 |
|---|---|
| Car Port | Yes |
| Building(s) | 2 |
| Zoning | RU-2 |
| Acreage | 0.11 |
| Cooling Yes / No | Yes |
|---|
| Roof | Other |
|---|
| Utilities | Other |
|---|
| Property | 83874 |
|---|
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94602 |
| Area | 699 Not Defined |
| Listing VS Median (in 94602) | |
Price: $5,779,000 low | high Med: $984,000 sqft: 32,382 low | high Med: 1,507 $ / sqft: $178 low | high Med: $654 On site: 18 low | high Med: 11.5 | |
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94602 |
| Area | 699 Not Defined |
| Listing VS Median (in 94602) | |
Price: $5,779,000 low | high Med: $984,000 sqft: 32,382 low | high Med: 1,507 $ / sqft: $178 low | high Med: $654 On site: 18 low | high Med: 11.5 | |