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CommercialSale — 4218 Piedmont Avenue, Oakland, CA

$3,398,000

4218 Piedmont Avenue, Oakland, CA

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About this property

Marcus & Millichap is pleased to present 42124218 Piedmont Avenue, a premier 10-unit mixed-use asset located in one of Oakland's most desirable and walkable neighborhoods. The property features a balanced unit mix of 6 residential apartments and 4 well-positioned ground-floor commercial suites, providing a diverse and stable income stream. Offered at an attractive 7.33% CAP rate, the asset presents investors with strong in-place cash flow and long-term upside in a high-barrier-to-entry location. Situated along the vibrant Piedmont Avenue corridor, the property benefits from exceptional foot traffic, immediate access to top-tier dining, retail, and entertainment, and proximity to major transportation corridors including Highway 24, I-580, and BART. This is a rare opportunity to acquire a high-yield, well-located asset in one of Oaklands premier submarkets.

Property details

Year built
1926
Property type
CommercialSale

Location

4218 Piedmont Avenue • Oakland, CA 94611

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Listed by

Eymon Binesh · Marcus & Millichap