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29482477
29482478

3203 14th Ave, Oakland, CA 94602

AiCRE Partners
Listed by AiCRE Partners
$1,350,000
127 days on market
Updated 4 days ago

3203 14th Ave. Oakland, CA

Details
APN 022-0376-008-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,422
Units 9
Cap Rate 6.71%
NOI $90,647
Occupancy 90%
Price per SqFt $210
Year Built 1956
Year Renovated 2024, 2025
Buildings 1
Stories 3
Lot Size (SqFt) 5,600
Parking Spaces 8 spaces
Parking Per SqFt 1.25
Investment Type Value Add

Multifamily | 6.71% CAP | 9 Units

Marketing description

AiCRE Partners is pleased to exclusively offer for sale a compelling value-add multifamily investment opportunity in the heart of Oakland’s East Bay, strategically positioned adjacent to Highland Hospital and minutes from Downtown Oakland. The property benefits from excellent central location fundamentals, offering convenient

access to major employment centers, public transit, and regional connectivity, including a short commute across the Bay Bridge to San Francisco. The surrounding area is characterized by dense residential neighborhoods, strong renter demand, and proximity to major medical, institutional, and urban employment drivers that

support long-term housing stability.

Investment highlights

  • Listed at a 6.7% Cap Rate with a solid upside in rents.

  • GRM - Gross Rent Multiplier: 8.88

  • Located next to Highland Hospital in Oakland.

  • 11 miles to downtown San Francisco

  • Easy access to Highway 580 on/off ramps

  • Value add opportunity

Listing Contacts

AiCRE Partners
Listed by AiCRE Partners

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$90,647.00
$7,553.92/mo

Valuation Metrics

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DSCR
6.71%
Cap Rate
6.71%
ROI

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