Home | Alameda County | Oakland | 94610 | 3732 Grand Ave
MLS: SF426155250 | Status: Active | Price: $2,600,000
Beds/Baths: – / –
Property Type: Commercial Sale
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 12,920 | 0.293 | 1952 |
The Markchow Group is pleased to present 3732-3744 Grand Avenue, a 15-unit mixed-use investment property on one of Oakland's most walkable, most established commercial corridors. Nine residential units sit above six ground-floor storefronts just steps from the shore of Lake Merritt, the historic Grand Lake Theater, and the beloved Saturday Grand Lake Farmers Market the kind of address that keeps both tenants and retail traffic coming back, and the kind of demand driver that shows up directly in the numbers below. Priced at $2,600,000 ($173,333 per unit), the property is currently 80% occupied, generating $219,363 in current gross income against a 5.39% in-place cap rate. The upside is immediate and documented: two vacant residential units and one vacant commercial space are ready for lease-up at rents supported by leases recently signed within the building itself on Grand Avenue's own retail corridor, where commercial tenants have consistently renewed at the terms this pro forma assumes. Layering in that lease-up alone brings net operating income to $187,860, a 7.23% pro forma cap rate and 9.6x gross rent multiplier at asking. Beyond the vacant units, long-term residential tenancies dating back more than a decade sit well below current market rents a below-market gap that c
| Field | Value |
|---|---|
| MLS # | SF426155250 |
| MLS Source | San Francisco Association of Realtors® MLS |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Zoning | D-LM-2 and S-8 |
| Feature | Details |
|---|---|
| # Buildings / # Units | 0 / 0 |
| Parking Spaces | 26 |
| Present Use | Mixed, Other, Residential, Retail |
Mark Chow
Compass
License #: 01347820
Phone: (415) 847-5669
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 0 | – | 0 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Beach Elementary School | public | K-5 | 0.50 mi | 8 |
| Wildwood Elementary School | public | K-5 | 0.57 mi | 9 |
| Piedmont Middle School | public | 6-8 | 0.71 mi | 8 |
| Millennium High Alternative School | public | 9-12 | 0.74 mi | 7 |
| Piedmont Preschool | public | UG | 0.74 mi | N/A |
| Piedmont High School | public | 9-12 | 0.82 mi | 9 |
| Piedmont Adult Education | public | UG | 0.82 mi | N/A |
| Piedmont Avenue Elementary School | public | K-5 | 0.84 mi | 5 |
| Cleveland Elementary School | public | K-5 | 0.88 mi | 6 |
| Havens Elementary School | public | K-5 | 0.89 mi | 9 |
| Westlake Middle School | public | 6-8 | 0.91 mi | 2 |
| Oakland High School | public | 9-12 | 1.00 mi | 4 |
| Crocker Highlands Elementary School | public | K-5 | 1.03 mi | 9 |
| Street Academy (Alternative) | public | 9-12 | 1.11 mi | 2 |
| Oakland Technical High School | public | 9-12 | 1.20 mi | 8 |
| Bella Vista Elementary School | public | K-5 | 1.22 mi | 4 |
| Edna Brewer Middle School | public | 6-8 | 1.28 mi | 8 |
| Emerson Elementary School | public | K-5 | 1.40 mi | 5 |
| Oakland International High School | public | 9-12 | 1.44 mi | 1 |
| Dewey Academy | public | 9-12 | 1.56 mi | 3 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 839 Isabella St | $2,300,000 | – | – | 4,802 | Active |
| 1711 International Blvd | $2,500,000 | – | – | 20,000 | Active |
| 1011 7th Ave | $2,499,000 | – | – | 5,820 | Active |
| 3050 Broadway | $2,200,000 | – | – | 5,085 | Active |
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This listing information is up-to-date as of August 18, 2026. For the most current information, please contact Mark Chow, (415) 847-5669.