Sold

Piedmont, Oakland, CA 94611

Sqft
8,798

View property features, location on map, relevant school information and overview from seller's agent.

Listed byMarcus & Millichap
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Overview

Marcus & Millichap is pleased to present 42124218 Piedmont Avenue, a premier 10-unit mixed-use asset located in one of Oakland's most desirable and walkable neighborhoods. The property features a balanced unit mix of 6 residential apartments and 4 well-positioned ground-floor commercial suites, providing a diverse and stable income stream.

Offered at an attractive 7.33% CAP rate, the asset presents investors with strong in-place cash flow and long-term upside in a high-barrier-to-entry location. Situated along the vibrant Piedmont Avenue corridor, the property benefits from exceptional foot traffic, immediate access to top-tier dining, retail, and entertainment, and proximity to major transportation corridors including Highway 24, I-580, and BART. This is a rare opportunity to acquire a high-yield, well-located asset in one of Oaklands premier submarkets.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
8,798
Lot size (acres)
0.15
Year built
1926

Interior features

Laundry
Coin-operated

Exterior features

Horse amenities
Stable

Utilities

Heating
Wall Furnace
Cooling
None

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MLSListings (California) MLS®#: ML82041027 Last checked:

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