31 Croxton Ave, Oakland, CA 94611

• 4,640 sqft

Property Description

31 Croxton Ave is an eight-unit multifamily property located in Oakland’s highly desirable Piedmont Avenue neighborhood. The building features eight large 1-bedroom, 1-bath units and currently generates over $13,000/month in rental income, offering a 6.42% cap rate and 9.9 GRM at the asking price of $1,675,000. This equates to approximately $209,000 per unit and $361/SF. The property offers strong upside potential through unit renovations and future rent increases. Buyer to verify potential to reconfigure units or add bedrooms. The building is soft-story compliant and has completed SB 721 balcony requirements. Also is separately metered for Gas and electricity. Ideally located within walking distance to Piedmont Ave shops and dining, BART, and adjacent to Adams Point, this is a well-positioned asset in one of Oakland’s most sought-after rental markets. A turnkey investment with immediate cash flow and long-term upside.

Listing Status:

Active

Date Added:

April 7, 2026

Data Last Updated:

April 15, 2026 at 6:09AM

Listing Office:

COMPASS : 415-660-9955

Listing Agent:

Willem Bos : 916-698-9954

MLS ID:

41129995

Interior

• Appliances: DryerWasherGas Water Heater
• Laundry: Common Area
• Basement: None
• Flooring: HardwoodCarpet
• A/C: None
• Heating: Natural Gas

Exterior

• Parking: No Parking on Site

Construction

• General: Stucco

Location

• County: Alameda

Utilities

• Utilities: Individual Electric MeterIndividual Gas Meter