570 Grand AVE, Oakland, CA 94610

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Listing courtesy of Eymon Binesh from Marcus & Millichap. 650-546-1030

Selling Office: M&MKW.

Sold Price
$2,750,000
List Price
$2,998,000
Status
SOLD
Closing Date
Jan 20, 2026
MLS#
ML82027846
Subtype
com
Year Built
1925
Living Area
9,482
Lot Size
4,120
Acres
0.09
Neighborhood
Oakland Zip Code 94610

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.

Additional Information

Zoning
C-30/S-4
Roof
Composition
Foundation
Wood Frame

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