Map of Property

MULTI-FAMILY BUILDING FOR SALE

For Sale

Lake Merritt Portfolio (4 Buildings), Oakland, CA 94610

This Oakland property for sale is located at Lake Merritt Portfolio (4 Buildings). The general use of MULTI-FAMILY BUILDING FOR SALE is other and it incorporates 50,782 square feet of class B other space. Contact the listing broker for details on the current sale price for MULTI-FAMILY BUILDING FOR SALE. MULTI-FAMILY BUILDING FOR SALE is situated on a lot that is 55,321 square feet in size.

Contacts

broker

Ryan Rodriguez

broker

Justin Krupp

broker

Ben Wemer

Property Details

  • Property Type Other
  • Property Size 50,782 SF
  • Lot Size 55,321 SF
  • Additional Rent Contact for pricing
  • Building Class B
  • Date Updated Nov 20, 2024
• (4) Properties Available for Purchase Individually or as a Portfolio • 33 Units | 71 10th St | Peralta Park District • 12 Units | 430 Vernon St | Adams Point District • 15 Units | 646 Foothill Blvd | East Lake District • 13 Units | 3465 Richmond Blvd | Uptown District

Sale Note
Lake Merritt Portfolio, Oakland (73 Units) CALL FOR OFFERS TUESDAY, DECEMBER 3rd, 2024 | Tours by Appointment The Bay Area Multifamily Team of Colliers International is pleased to present the Lake Merritt Portfolio. Located in the heart of Oakland, the Lake Merritt Portfolio contains (4) multifamily properties located in various districts surrounding Lake Merritt. The Portfolio is being offered free and clear of debt at an incredibly attractive basis with strong in-place yields. • 33 Units | 71 10th St | Peralta Park District • 12 Units | 430 Vernon St | Adams Point District • 15 Units | 646 Foothill Blvd | East Lake District • 13 Units | 3465 Richmond Blvd | Uptown District Investment Highlights • Average price per unit: $137,301 • Average in-place Portfolio Cap Rate of 7.43% • Average Portfolio GRM of 6.65 • Upside stabilizing to a 9.19% Cap Rate • Average Portfolio Walk Score of 90 and Bike Score of 78 Port

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Getting around

  • 83/100

    Walk Score ®

  • 56/100

    Transit Score ®

  • 65/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Oakland, CA
  • Neighborhood Adams Point
  • Zip Code 94610
  • Market Bay Area

Points of Interest

  • 19th Street BART Street Elevator

    1.09 miles

  • MacArthur

    1.14 miles

  • Oakland City Center - 12th Street

    1.35 miles

  • Lake Merritt

    1.48 miles

  • Oakland-Jack London Square

    1.86 miles

  • West Oakland

    2.43 miles

  • Ashby

    2.68 miles

  • Emeryville

    2.68 miles

  • Fruitvale

    3.29 miles

  • Downtown Berkeley

    3.80 miles

  • Quick stop

    0.26 miles

  • Mobil

    0.43 miles

  • eVgo

    0.46 miles

  • ChargePoint

    0.47 miles

  • True Zero

    0.52 miles

  • Chevron

    0.52 miles

  • Propel

    0.52 miles

  • Shell

    0.53 miles

  • 76

    0.62 miles

  • Valero

    0.70 miles

  • Kaiser Permanente Medical Center - Parking Garage

    0.54 miles

  • Broadway Webster Medical Plaza

    0.55 miles

  • 180 Grand Public Parking

    0.64 miles

  • Trader Joe's Parking Garage

    0.68 miles

  • Merritt Pavilion Employee Parking Garage

    0.69 miles

  • Peralta Hospital Parking Garage

    0.69 miles

  • Summit Garage

    0.69 miles

  • Public Parking Garage

    0.71 miles

  • Costco

    9.19 miles

  • Westwind Lodge

    0.67 miles

  • Value Inn

    0.72 miles

  • Kissel Uptown Oakland - In the Unbound Collection

    0.72 miles

  • Motor Inn

    0.82 miles

  • Travel Inn

    0.84 miles

  • Broadway Motel

    0.88 miles

  • Inn at Temescal

    0.91 miles

  • Imperial Inn

    0.92 miles

  • Moxy Oakland Downtown

    0.95 miles

  • Twin Peaks Hotel

    1.19 miles

  • Safeway

    0.42 miles

  • Grocery Outlet

    0.44 miles

  • Whole Foods Market

    0.47 miles

  • Sprouts Farmers Market

    0.54 miles

  • Monte Vista Food Center

    0.62 miles

  • Piedmont Grocery

    0.63 miles

  • Lakeshore Natural Foods

    0.64 miles

  • Trader Joe's

    0.66 miles

  • Koreana Plaza

    0.82 miles

  • Lucky

    1.18 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact MULTI-FAMILY BUILDING FOR SALE