- For Sale $1,395,000
- Property Type Multi-Family
- Property Size 6,693 SF
- Units 8
- Lot Size 0.07 Acre
- Date Updated May 18, 2026
Description
1504 13th Avenue is located in a well-established East Oakland neighborhood with strong rental demand and excellent regional connectivity. The property benefits from proximity to downtown Oakland, Jack London Square, and major employment centers throughout the East Bay. Residents enjoy convenient access to public transportation, neighborhood retail, and cultural amenities, supporting durable tenant demand and long-term rent growth. The location offers an attractive balance of urban accessibility and residential stability.Introducing a solid multifamily investment opportunity in Oakland, California. Located at 1504 13th Avenue, this 8-unit apartment property offers strong in-place cash flow with meaningful upside. The asset is currently operating at a 8.74% cap rate, with two vacant units providing immediate opportunity to capture market rents. The property consists of six (6) two-bedroom units and two (2) three-bedroom units.
Well positioned within Oakland’s urban core, the property benefits from proximity to transit, employment centers, and neighborhood amenities, supporting long-term appreciation. This is a straightforward, well-located multifamily asset ideal for investors seeking reliable income today with rent growth potential over time
Well positioned the property benefits from proximity to transit, employment centers, and neighborhood amenities, supporting long-term appreciation. This is a straightforward, well-located multifamily asset ideal for investors seeking reliable income today with rent growth potential over time.
Highlights
- 8-unit Oakland multifamily property
- Significant renovations completed in the 1990s during a legal conversion of a commercial space to residential use
- Strong in-place cash flow at a 8.74% cap rate
- Two vacant units provide immediate rent upside
- Unit mix: six (6) 2-bedroom units and two (2) 3-bedroom units
- Well-located urban asset with long-term appreciation potential
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Contacts
Sam Hayes
NAI Northern California
Location
Located at 1504 13th Ave, Oakland, CA 94604, this property is part of the Clinton neighborhood and Bay Area market.
Contact Listing Broker
Sam Hayes
NAI Northern California