561 Oakland Avenue, Oakland CA 94611 | $5,350,000

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 Views: Downtown

More Details