555 Oakland Ave

Oakland, CA 94611

PRICE REDUCED

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-$250,000 (-5.43%)

$4,350,000

List Price

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1965

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Property Description

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)

Listing Information

List Price $4,350,000
Status Active
MLS 41073439
HOA $0
Type Residential Income
Year Built 1965
Lot Size 8,550
Structure Size N/A
DOM 44
Courtesy Of NAI Northern California
Listing Agent Timothy Warren DRE#02008347
Co-Listing Agent Grant Chappell DRE#01700439

Interior Features

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Bedrooms N/A
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Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Timothy Warren, Grant Chappell, NAI Northern California 510-336-4719. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 31st, 2024 at 3:11 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.