$2,598,000

Multi Family In Oakland

  • 7,732 Sqft
  • 7,841 Sqft lot
  • Updated: Today
  • Source:
    bridgeMLS  MLS#ML82064391

About the Property

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%
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.
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  • Property type

    Other

  • Year built

    1964

  • Price/sqft

    $336

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2605 9th Avenue, Oakland, California, United States View on Google Maps
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KW Advisors

Joined 11 months ago
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KW Advisors
California, United States
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51
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2025
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KW Advisors
California, United States
View agency profile
Last updated
Today
First listed
October 13
Listing reference
ML82064391
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