- $3M Price
- .09 Acres
- 4 DOM
570 Grand Avenue
Marcus & Millichap is pleased to present 570 Grand Avenue, a 13-unit apartment community located in Oaklands highly desirable Grand Lake district, just steps from Lake Merritt. The property consists of seven 1-bedroom/1-bath units, four 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one studio. Offering a strong in-place 6.80% CAP rate and 8.91 GRM, the asset provides immediate cash flow with significant upside through targeted capital improvements and unit renovations. Nearly every apartment enjoys sweeping views of beautiful Lake Merritt, and the property is within easy walking distance to the best of Adams Point vibrant restaurants, cafes, and boutique shops. This is an exceptional opportunity to own a well-located, high-performing asset in one of Oakland's most sought-after neighborhoods.
Essential Information
- MLS® #ML82027846
- Price$2,998,000
- Bathrooms0.00
- Acres0.09
- Year Built1925
- TypeCommercial Sale
- StatusActive
Community Information
- Address570 Grand Avenue
- Area699 - Not Defined
- CityOakland
- CountyAlameda
- Zip Code94610
Interior
- CoolingNone
Exterior
- RoofComposition
School Information
- DistrictOther
Additional Information
- Date ListedNovember 18th, 2025
- Days on Market4
- ZoningC-30/S-4
Listing Details
- AgentEymon Binesh
- OfficeMarcus & Millichap
Eymon Binesh, Marcus & Millichap.
Based on information from California Regional Multiple Listing Service, Inc. as of November 22nd, 2025 at 6:50pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.