www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29209106
29209105

671 Vernon St, Oakland, CA 94610

RS
CA CA 02064884
NAI Northern California
KM
CA 01784628
NAI Northern California
TW
CA 02008347
NAI Northern California
AB
CalDRE #02121953
NAI Northern California
Listed by NAI Northern California
$7,095,000
143 days on market
Updated 143 days ago

Vernon Gardens Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 20,185
Units 31
Price per SqFt $352
Year Built 1961
Lot Size (SqFt) 13,000

Multifamily | 31 Units

Marketing description

Built in 1961, 671 Vernon Street is a well-maintained 31-unit apartment building located in Oakland's highly desirable Grand Lake neighborhood. The property features eight (8) two-bedroom/one-bath units, twenty (20) one-bedroom/one-bath units, and three (3) studio units, appealing to a wide range of renters in this strong, high-demand market. A new roof, various unit improvements, and a complete seismic retrofit were completed in recent years. Amenities include covered gated parking, private balconies in select units, a pool, and an on-site laundry room. With its prime location, recent improvements, and attractive unit mix, 671 Vernon Street represents a compelling opportunity for investors seeking a stable, well-located asset with long-term upside potential. The property is positioned at the edge of Piedmont and just steps from the serene Morcom Rose Garden, offering residents a peaceful, residential setting while maintaining easy access to the vibrant amenities of Piedmont Avenue. The building's location also offers excellent connectivity, with quick access to major transit routes and BART stations, providing seamless commutes throughout the East Bay and into San Francisco.

671 Vernon Street offers an unbeatable location in one of Oakland’s most desirable neighborhoods, positioned right at the edge of Piedmont and just steps from the serene Morcom Rose Garden. The property provides residents with a peaceful, residential setting while maintaining easy access to the vibrant amenities of Piedmont Avenue. The building’s location also offers excellent connectivity, with quick access to major transit routes and BART stations, providing seamless commutes throughout the East Bay and into San Francisco. With its combination of neighborhood charm, proximity to nature, and walkable access to shopping and dining, 671 Vernon Street represents a prime opportunity in the Oakland multifamily market.


Investment highlights

  • Unbeatable Location – Positioned at the edge of Piedmont and steps from the Morcom Rose Garden in Oakland’s highly desirable Grand Lake neighborhood.
  • Walkable Lifestyle – Easy access to Piedmont Avenue’s dining, coffee shops, retail boutiques, and conveniences, plus quick connectivity to major transit routes and BART.
  • Diverse Unit Mix – 31 total units including (8) two-bedroom/one-bath, (20) one-bedroom/one-bath, and (3) studio units, appealing to a wide range of tenants.
  • Recent Upgrades – Includes a new roof, various interior improvements, and a completed seismic retrofit for enhanced safety and long-term stability.
  • Tenant-Friendly Amenities – Covered gated parking, balconies in select units, a pool, and an on-site laundry room support strong tenant demand.
  • Strong Investment Potential – Prime location and desirable unit mix create a stable, high-demand asset with long-term upside in the Oakland multifamily market.

Listing Contacts

RS
CA CA 02064884
NAI Northern California
KM
CA 01784628
NAI Northern California
TW
CA 02008347
NAI Northern California
AB
CalDRE #02121953
NAI Northern California
Listed by NAI Northern California

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Randell Silva
License
CA 02064884
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591