Oakland, CA 94611,561 Oakland Avenue
Oakland, CA 94611,561 Oakland Avenue
Oakland, CA 94611,561 Oakland Avenue
Oakland, CA 94611,561 Oakland Avenue
Oakland, CA 94611,561 Oakland Avenue
Oakland, CA 94611,561 Oakland Avenue
Gatehouse Properties
Gatehouse Properties

Broker | License ID: 01391590

+1(714) 743-9882

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$ 4,800,000

$ 5,350,000 10.3%

Est. payment | /mo

0.28 Acres Lot


$ 4,800,000

$ 5,350,000 10.3%

Est. payment | /mo

0.28 Acres Lot

Key Details

Sold Price $4,800,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41091342

Sold Date 06/25/25

HOA Y/N No

Year Built 1967

Lot Size 0.285 Acres

Property Description

561 Oakland Avenue, an immaculate 22-Unit apartment community in Oakland's Grand Lake neighborhood. The property comprises of one oversized 1,500 Sf Penthouse, nine (9) 2 bedroom - 2 bathroom Units, and twelve (12) 1 bedroom - 1 bathroom Units totaling 24,960 square feet. Amenities include 22 garage parking spaces, balconies with views, and a tenant on-site laundry room. This pride of ownership property has never seen the market since its original construction, allowing it to stand out for its pristine cleanliness, exceptional upkeep, and historically low vacancy rate, demonstrating the strong demand for this location. Don't miss this rare opportunity to secure a turnkey multifamily asset in one of Oakland's most desired neighborhoods. 561 Oakland Avenue is located just three blocks from the Piedmont Avenue shopping district. Residents can enjoy the convenience of various choices, from Michelin-starred restaurant Commis to the historic Piedmont Theatre to the casual Barney's Gourmet Burgers and various other restaurants and shopping options. Commuters will find the property's proximity to city bus lines and the MacArthur BART Station, which allows access to the entire Bay Area, highly convenient. Additionally, the property is a short 0.4-mile walk t Views: Downtown

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling None

Fireplace No

Exterior

View Y/N Yes

View Bay, Bridge(s)

Total Parking Spaces 22

Others

Tax ID 010081500902

Financing Cash

CRMLS – RECore
Listed by Willem Bos COMPASS
Bought with Grant Chappell NAI Northern California
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+1(714) 743-9882

info@gatehouseproperties.com

Costa Mesa, CA, 92626, United States

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561 Oakland Avenue