CA
Alameda
OAKLAND
94610
570 Grand Avenue
570 Grand Avenue, OAKLAND, CA 94610
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Listing Type
Multi Family
Listing Status
Active
18
$2,998,000

Home Details for 570 Grand Avenue

Price
$2,998,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
9482
Year built
1925
Lot size acres
0.0946
County
Alameda
Garage
3
Days on site
2
MLS Listing#
ML82027846
Listed By: Marcus & Millichap - 650-391-1700
Listed By: Eymon Binesh
Property Description

Marcus & Millichap is pleased to present 570 Grand Avenue, a 13-unit apartment community located in Oaklands highly desirable Grand Lake district, just steps from Lake Merritt. The property consists of seven 1-bedroom/1-bath units, four 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one studio. Offering a strong in-place 6.80% CAP rate and 8.91 GRM, the asset provides immediate cash flow with significant upside through targeted capital improvements and unit renovations. Nearly every apartment enjoys sweeping views of beautiful Lake Merritt, and the property is within easy walking distance to the best of Adams Point vibrant restaurants, cafes, and boutique shops. This is an exceptional opportunity to own a well-located, high-performing asset in one of Oakland's most sought-after neighborhoods.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Garage
    • 1
  • Parking
    • Attached
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Based on information from the MLSListings 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. Copyright 2025 MLSListings Inc. All rights reserved.

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Last Updated: 2025-12-23 21:45:32
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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