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32306243
32306253

260 PARK VIEW TER, OAKLAND, CA 94610-4529 For Sale

AU
CA 01998926
BellStreet
JH
CA 02196246
BellStreet
BB
GA GA 366717
BellStreet
Listed by BellStreet
$1,988,000
76 days on market
Updated 28 days ago

260 Park View Terrace

Details
APN 10-771-32
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,322
Units 4
Cap Rate 5.74%
NOI $114,139
Tenancy Multi
Class C
Year Built 1906
Buildings 1
Stories 3
Lot Size (SqFt) 6,254

About This Property for Sale

Marketing description

Discover a rare opportunity to own a piece of Oakland's history at 260 Park View Terrace. Situated in the sought-after Adams Point neighborhood, this character-rich 1906 multifamily property offers four units plus one bonus unit across 3,322 SF. Whether you're an owner-occupier looking to live in one unit while generating rental income from the rest, or an investor looking to expand your portfolio, this asset offers exceptional versatility. The property's classic architecture and timeless appeal set it apart in a market where character is increasingly rare. Steps from the scenic shores of Lake Merritt and immersed in one of Oakland's most vibrant and walkable neighborhoods, the location speaks for itself. Residents enjoy easy access to dining, parks, transit, restaurants, shopping, and the energy of a truly thriving urban community. The spacious 4-bedroom unit will be delivered vacant at the Close of Escrow, offering immediate flexibility, move in, renovate, or lease at market rate from day one.

Investment highlights

  • Desirable Adams Point Location
  • Qualifies for Residential Financing
  • Private Garages
  • Benefits from the Mill's Act Tax Reduction of approximately 50%

Listing Contacts

AU
CA 01998926
BellStreet
JH
CA 02196246
BellStreet
BB
GA GA 366717
BellStreet
Listed by BellStreet

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$114,139.00
$9,511.58/mo

Valuation Metrics

0
DSCR
5.74%
Cap Rate
5.74%
ROI

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Additional Information

Name
Amit Urban
License
01998926
Brokerage
Magnify Real Estate
Title
Real Estate Broker
Name
Jeff Harrison
License
02196246
Brokerage
Bellstreet
Brokerage Phone
650-382-0777
Title
Real Estate Salesperson
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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