About this home
29 apartments in two two-story buildings on two parcels (21 units and 8 units), built in 1949: 23 one-bedrooms, 4 two-bedrooms and 2 studios in about 32,382 SF. About 80% of units have been renovated. Seven garages and eight covered parking spaces, plus coin laundry on site, add income. Gas and electric are separately metered. Market rents run about 17% above in-place rents. In Oakland's Highland Park area by the Tuxedo and Dimond neighborhoods, across from Highland Hospital and minutes from Glenview, the Dimond District and Lake Merritt, with quick I-580 access. 7.03% current cap; 7.82% pro forma cap. Existing financing in place. Motivated ownership: all offers reviewed; Q4 2026 close preferred.
- Property type
- Five Or More Units
- Lot size
- 5,001 sq ft
- Status
- Active
Listed by Alina Siert, KW Advisors. Source: MLSL. MLS #ML82064079.
Updated 10/16/2026, 2:24:56 AM PT.
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