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Listed by Gabriel Manzanares Compass Commercial
$ 1,395,000
Est. payment | /mo
4 Beds
4 Baths
4,500 Sqft Lot
$ 1,395,000
Est. payment | /mo
4 Beds
4 Baths
4,500 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 426151055
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1954
Lot Size 4,500 Sqft
Acres 0.1033
Property Sub-Type Multi Family
Property Description
2742 Park Blvd presents a compelling opportunity to acquire an eight-unit apartment building in the heart of Oakland, consisting of (4) one-bedroom, one-bathroom units and (4) studio units. Situated on a 4,500 square-foot lot with 4,860 square feet of building area, the property offers an efficient unit mix well-suited to Oakland's strong renter demand. The location is a standout feature of this offering. Just moments from the shores of Lake Merritt, one of Oakland's most desirable and walkable amenities, and within easy reach of Laney College, providing a consistent pool of student and staff renters. The property's proximity to Downtown Oakland places tenants close to major employment centers, dining, and entertainment, while quick access to Interstate 580 offers outstanding regional connectivity throughout the East Bay and beyond. The investment appeal of 2742 Park Blvd is anchored by its unbeatable urban infill location and diversified renter base, spanning students, young professionals, and long-term Oakland residents. With strong underlying rental fundamentals and a unit mix tailored to today's renter preferences, this property represents an excellent opportunity for an investor seeking a stable, income-producing multifamily asset in one of the East Bay's most dynamic neighborhoods.
Location
State CA
County Alameda
Area Oakland Zip 94606
Interior
Fireplace No
Building
Lot Description Court
New Construction No
Others
Tax ID 22339191
Nearby Locations
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