2605 9th Avenue, Oakland, CA 94606
2605 9th Avenue, Oakland, CA 94606
2605 9th Avenue, Oakland, CA 94606
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Listed by Alina Siert • KW Advisors • 650-627-3700
$2,598,000
Est. payment /mo
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7,732 SqFt
Open Fri 1PM-2PM

2605 9th Avenue Oakland, CA 94606

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Fri Oct 30, 1:00pm - 2:00pm

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,732 sqft

Price per Sqft $336

MLS Listing ID ML82064391

HOA Y/N No

Year Built 1964

Lot Size 7,841 Sqft

Property Sub-Type Other

Source Datashare MLSListings

Property Description

10 apartments at 2605 9th Avenue (Ivy Square Apartments), a two-story building built in 1964 with about 7,171 SF of net rentable area on about 0.17 acres: 4 one-bedrooms, 5 two-bedrooms and a two-bath, three-bedroom unit of about 1,222 SF. Gated tuck-under parking for 10 cars and an on-site laundry room. Sewer lateral replaced in 2018 and certified by EBMUD through 2038. Market rents run about 8% above in-place rents. In Oakland's Ivy Hill neighborhood east of Lake Merritt, near Park Boulevard Plaza, FM Smith Park and Highland Hospital, with quick I-580 access. 6.93% current cap; 6.40% pro forma cap. Motivated ownership: all offers reviewed; Q4 2026 close preferred.

Location

State CA

County Alameda

Interior

Heating Other

Cooling Other

Fireplace No

Exterior

Handicap Access Other


Bay East Association of Realtors

NEARBY SCHOOL & BUSINESS

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Max Manatt

Max Manatt

Agent License ID: 01957416

+1(925) 980-3375

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2605 9th Avenue