MLS#ML82064391
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLOther
Listing Courtesy of:
KW Advisors
Agency Phone: (650) 627-3700
Associate Name: Alina Siert
Listing Shown by:
Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000
Property Description
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 Features
Property Type: Commercial - Business
Lot Size: 0.18 Acres
Roof Type: Other
Taxes: $30,051
Year Built: 1964
Feature Descriptions
Days on Site: 18
Parcel#: 0220341013
Utilities: Other
Water: Other
Local Schools
School District: Other
Listed By / Shown By
Listed By
Agency Name: KW Advisors
Agent Name: Alina Siert
Agency Phone: (650) 627-3700
Shown By
Agency Title: Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000
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2605 9th Avenue | MLS# ML82064391
This commercial property located at 2605 9th Avenue, Oakland, CA 94606 is currently listed for sale with an asking price of $2,598,000. 9th Avenue is located within the Other school district. Search Oakland real estate on www.cce-escrow.com today.