$2,998,000

570 Grand Avenue, Oakland, CA 94610

  • 9,482 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $316/sqft
  • Property List Date Icon Listed 20 days ago

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.

Listing Status:
Active
Date Added:
November 18, 2025 at 06:00AM
Listing Office:
Marcus & Millichap : 650-391-1700
Listing Agent:
Eymon Binesh : 650-546-1030
MLS ID:
ML82027846
  • Appliances: Refrigerator
  • Laundry: Coin Operated
  • A/C: None
  • Heating: Natural Gas
  • Parking: Attached
  • Roofing: Shingle
  • County: Alameda
  • Zoning: C-300100780009

This listing courtesy of Eymon Binesh, Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cleveland Elementary School

745 Cleveland St, Oakland, CA, 94606

Grades KG-5

0.50 miles away

W

Westlake Middle School

2629 Harrison St, Oakland, CA, 94612

Grades 6-8

0.69 miles away

O

Oakland High School

1023 MacArthur Blvd, Oakland, CA, 94610

Grades 9-12

0.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.