Active
765 Rand Ave
Oakland CA, 94610
$9,950,000
$337.31 per sqft
Active
29,498 sqft
Commercial
Built in 1971
The Mitchell Warren Team is pleased to present 765 Rand Avenue, a TROPHY 29-unit apartment community located in the heart of Oakland's Lakeshore Neighborhood. The property offers condo quality units consisting of (15) Large 2-bedroom, 2-bathroom units, (1) 2-bedroom, 1-bathroom unit, and (13) 1-bedroom, 1-bathroom units. Amenities include a parking garage with 28 spaces, four on-site laundry rooms (one on each floor), balconies, and fireplaces in select units. Recent Improvements include fresh exterior paint, a new roof, and vinyl windows. This property offers a rare combination of strong day-1 cash flow, significant rental upside, and an A++ location ideally positioning the property to deliver above-market returns.
41043418
MLSⓇ ID
November 1, 2023
Listed
November 12, 2023
Updated
Map
765 Rand Ave
Oakland CA, 94610
Interior Features
Interior Features
Elevator
Appliances
Dryer, Washer
Laundry Description
Coin Operated, Laundry Room
Floor Description
Vinyl, Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.3 acres
Lot Features
Corner Lot
Roof
Composition
Sewer
Public Sewer
Other Property Details
Garage
Yes
Parking
Garage
View
No
County
Alameda
Water Source
Public
Pool
No
Buyer Agency Compensation
1%
Courtesy of Timothy Warren with NAI Northern California
Listing Contact:
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