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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