$2,598,000
FOR SALEActive2605 9th Avenue
Oakland CA 94606
7,732
SF
Commercial
Type
1964
Built
$336/SF
Cost/SF
Listing Agent
Location Analysis
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
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
Data not available.
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