2306 Waverly St

2306 Waverly St, Oakland, CA 94612

  • For Sale $2,300,000
  • Property Type Multi-Family
  • Property Size 10,440 SF
  • Units 12
  • Lot Size 0.18 Acre
  • Date Updated Apr 9, 2024
2306 Waverly Street is located in Downtown Oakland steps from Lake Merritt. This property is less than a mile from the 19th Street BART station with easy access to interstates 580 and 880 for seamless connection to the entire San Francisco Bay Area. Residents enjoy endless amenities in Uptown, Downtown, and Lake Merritt, including Whole Foods, just a 5-minute walk away. The properties are walkable to both Kaiser Permanente (Oakland's Largest Employer) and Sutter Health Alta Bates Medical Center (Oakland's Second Largest Employer), earning a near-perfect Walk Score of 97!The Mitchell Warren Team is pleased to present 2306 Waverly Street, a well-maintained 12-unit apartment building located in Downtown Oakland, just steps from Lake Merritt. The property consists of two (2) 2 bedroom 1 bathroom units and ten (10) 1 bedroom 1 bathroom units with sixteen (16) off-street parking spots. Two units will be delivered vacant upon close of escrow. The property boasts beautiful 1900s architecture, hardwood floors, and period-appropriate details. The property offers over $100,000 of annual rental upside allowing a new owner to maximize their return over time. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate.

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Highlights

  • Rare Opportunity to acquire 12 units in a Prime Downtown Oakland location steps from Lake Merritt
  • Consists of two (2) 2bd/1ba units, ten (10) 1bd/1ba units and 16 off-street parking spots
  • Over $100,0000 of annual upside allowing the new owner to maximize their return over time
  • Less than one mile to the 19th Street BART station offering a seamless connection to the entire Bay Area
  • Walkable to both Kaiser Permanente and Sutter Health Alta Bates Medical Center, Oakland's largest employers
  • Three units will be delivered vacant at the close of escrow

Contacts

broker

Tim Warren

NAI NorCal

(510) 336-4719

Location

Getting Around

  • Walk Score ®

    98/100 Walker's Paradise
  • Transit Score ®

    76/100 Excellent Transit
  • Bike Score ®

    95/100 Biker's Paradise
Powered by Walk Score ®
  • City Oakland, CA
  • Neighborhood Waverly
  • Zip Code 94612
  • Market Bay Area

Points of Interest

  • 19th Street Oakland

    0.43 miles

  • 19th Street BART Street Elevator

    0.48 miles

  • Oakland City Center - 12th Street

    0.75 miles

  • Lake Merritt

    1.02 miles

  • MacArthur

    1.20 miles

  • Oakland-Jack London Square

    1.33 miles

  • West Oakland

    1.83 miles

  • Rockridge

    2.37 miles

  • Emeryville

    2.54 miles

  • Ashby

    2.87 miles

  • eVgo

    0.16 miles

  • Chevron

    0.43 miles

  • True Zero

    0.43 miles

  • Chevron

    0.72 miles

  • Quick stop

    0.76 miles

  • Alameda County Fueling Station

    0.76 miles

  • Arco

    0.86 miles

  • ChargePoint

    0.90 miles

  • 76

    0.92 miles

  • 76

    0.98 miles

  • 180 Grand Public Parking

    0.03 miles

  • Public Parking Garage

    0.14 miles

  • Kaiser Center Parking Garage

    0.21 miles

  • CityLift Automated Parking Structure

    0.25 miles

  • Telegraph Plaza Public Parking Garage

    0.32 miles

  • Kaiser Permanente Parking Garage

    0.40 miles

  • The Uptown Parking

    0.43 miles

  • Oakland Public Parking Garage

    0.45 miles

  • 1800 Harrison Garage

    0.47 miles

  • Peralta Hospital Parking Garage

    0.48 miles

  • Kissel Uptown Oakland - In the Unbound Collection by Hyatt

    0.22 miles

  • Moxy Oakland Downtown

    0.36 miles

  • Twin Peaks Hotel

    0.67 miles

  • Silver Dollar

    0.67 miles

  • The Empyrean Towers

    0.71 miles

  • Ramada by Wyndham Oakland Downtown City Center

    0.74 miles

  • Trending Inn

    0.79 miles

  • Hampton Inn

    0.81 miles

  • Oakland Marriott City Center

    0.87 miles

  • Courtyard Oakland Downtown

    0.92 miles

  • True Burger

    0.07 miles

  • AlaMar

    0.09 miles

  • Urban Remedy

    0.10 miles

  • Hi Felicia

    0.10 miles

  • Lovely’s

    0.11 miles

  • Osha Thai Express

    0.11 miles

  • The Lumpia Company

    0.13 miles

  • Mela Bistro

    0.17 miles

  • MUA

    0.18 miles

  • Limón

    0.18 miles

  • Saint Paul's Episcopal School

    0.17 miles

  • Westlake Middle School

    0.22 miles

  • Bay Area Public School

    0.27 miles

  • Street Academy High School

    0.41 miles

  • Oakland School For The Arts

    0.49 miles

  • Bay Cities Bible Institute

    0.50 miles

  • Envision Academy of Arts & Technology

    0.57 miles

  • Lincoln University

    0.61 miles

  • Samuel Merritt University

    0.64 miles

  • Programs for Exceptional Children

    0.71 miles

  • Small Trans Depot

    0.11 miles

  • New Day Preschool

    0.29 miles

  • Starlite Child Development Center

    0.66 miles

  • Little Stars Pre-School

    0.72 miles

  • Family Bridges Lake Merritt Child Care Center

    0.76 miles

  • Snow White Pre School

    0.87 miles

  • The Lake School

    0.96 miles

  • St Mary's Center Preschool

    1.09 miles

  • Laney College Child Care Center

    1.16 miles

  • Beach Schoolmates

    1.20 miles

Frequently Asked Questions

What is the lease rate for 2306 Waverly St?

Rental asking rate at 2306 Waverly St is $1,150,000.00/YR.

What is the total square footage of 2306 Waverly St?

2306 Waverly St totals 10,440 square feet.

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Contact Listing Broker

broker

Tim Warren

NAI NorCal

(510) 336-4719