Property Details
About this Property
Marcus & Millichap is pleased to present 570 Grand Avenue, a 13-unit apartment community located in Oaklands highly desirable Grand Lake district, just steps from Lake Merritt. The property consists of seven 1-bedroom/1-bath units, four 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one studio. Offering a strong in-place 6.80% CAP rate and 8.91 GRM, the asset provides immediate cash flow with significant upside through targeted capital improvements and unit renovations. Nearly every apartment enjoys sweeping views of beautiful Lake Merritt, and the property is within easy walking distance to the best of Adams Point vibrant restaurants, cafes, and boutique shops. This is an exceptional opportunity to own a well-located, high-performing asset in one of Oakland's most sought-after neighborhoods.
MLS Listing Information
MLS #
ML82027846
MLS Source
MLSListings, Inc.
Days on Site
16
Interior Features
Laundry
Coin Operated
Cooling
None
Heating
Gas
Exterior Features
Roof
Composition
Foundation
Wood Frame
Parking, School, and Other Information
Garage/Parking
Attached Garage, Garage: 3 Car(s)
Elementary District
Oakland Unified
High School District
Oakland Unified
Sewer
Public Sewer
Water
Public
Zoning
C-30/S-4
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 12 | 13 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 1,000 | 3 | 1/0 | $2,400 | $2,400 | 1 |
| 2 | 900 | 2 | 1/0 | $1,058 | $2,600 | 4 |
| 3 | 700 | 1 | 1/0 | $945 | $2,698 | 7 |
| 4 | 400 | 0 | 1/0 | $622 | $622 | 1 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
570 Grand Ave is a Residential Income in Oakland, CA 94610. This 9,482 square foot property sits on a 4,120 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,998,000 and was built in 1925. This address can also be written as 570 Grand Ave, Oakland, CA 94610.
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This listing information is up-to-date as of November 21, 2025. For the most current information, please contact Eymon Binesh, (650) 546-1030
