REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,598,000
Est. payment | /mo
7,840 Sqft Lot
$ 2,598,000
Est. payment | /mo
7,840 Sqft Lot
Open House
Wed Oct 21, 11:00am - 1:00pm
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82064391
HOA Y/N No
Year Built 1964
Annual Tax Amount $30,051
Lot Size 7,840 Sqft
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
Area 699 - Not Defined
Zoning R-50
Interior
Fireplace No
Exterior
Utilities Available Other
Roof Type Other
Building
Water Other
Schools
School District Other
Others
Tax ID 0220341013
Special Listing Condition Standard
Listed by Alina Siert KW Advisors #01893238
NEARBY SCHOOL & BUSINESS