Back to Search Nalren

$2,598,000

FOR SALEActive

2605 9th Avenue

Oakland CA 94606

7,732

SF

Commercial

Type

1964

Built

$336/SF

Cost/SF

25 days on marketNalren refreshed

Listing Agent

Alina Siert

Listing Agent

DRE #: 01893238

(650) 627-3700

Brokerage: KW Advisors

Location Analysis

MapProperty Location

About This 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% 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.

Property Information

Property Overview

Commercial

Property Type

Active

Status

R-50

Zoning

0.18 acres

Lot Size

7,732 SF

Square Footage

$336.01/SF

Price per SF

$30,051

Annual Tax

1,964

Year Built

Property Highlights

N/A Property

Prime Location with High Visibility

Location Analysis

Map

Similar Commercial Properties

Recent commercial sales in Oakland

Closed commercial sales reported, newest first.