561 Oakland AVE, Oakland, CA 94611 - MLS#MR41091342

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Eric Boyenga

e@boyenga.com +1(408) 506-3942

$ 5,350,000

Est. payment | -/mo

3 Beds

3 Baths

24,960 SqFt

Save

$ 5,350,000

Est. payment | -/mo

Save

3 Beds

3 Baths

24,960 SqFt

Key Details

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Active

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 Other Area

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 New, Not Applicable

Listed by Willem Bos • COMPASS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

561 Oakland AVE Oakland, CA 94611