- For Sale $2,398,000
- Property Type Multi-Family
- Property Size 7,134 SF
- Lot Size 4,443 SF
- Cap Rate % 6.4
- NOI / YR $153,556.00
- # of Floors 3
- Building Class B
- Year Built 1923
- Date Updated Sep 16, 2026
Description
NAI Northern California is pleased to present 8 Yosemite Avenue, an 11-unit apartment building situated one building off the Piedmont Avenue commercial spine in Oakland — arguably the East Bay's most walkable and most durably tenanted neighborhood retail corridor.
Built in 1923, this three-story, 7,134 SF property carries the architectural character that draws tenants to pre-war Oakland while operating with the discipline of quality long-term ownership. The unit mix is deliberately diversified across the deepest segments of the local rental pool: eight 1BR/1BA units, one 1BR/1.5BA, and two studios. On a 4,443 SF lot, that's genuine density in a low-rise neighborhood where new supply is effectively nonexistent.
Highlights
- Prime Piedmont Avenue address one building off one of the East Bay's most walkable and durably tenanted independent retail corridors
- Priced below comp average per unit $218,000/unit vs. $227,702/unit across eight recent Piedmont Ave, Rockridge, Temescal, and Grand Lake sales
- Diversified unit mix eight 1BR/1BA, one 1BR/1.5BA, and two studios, spreading exposure across the deepest and most liquid segments of Oakland's rental pool
- Walk-everywhere retail and dining Blue Bottle, Peet's, Homeroom, Barney's, Ohgane, Caffe Chiave, plus Michelin-starred restaurants and three shopping centers within 0.8 miles
- Strong tenant catchment 26,366 households averaging $115,493 in income within one mile; immediate I-580 and Highway 24 access to downtown Oakland, Berkeley, and San Francisco
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Contacts
Seth Hubbert
NAI Norcal
Location
Located at 8 Yosemite Ave, Oakland, CA 94611, this property is part of the Piedmont Avenue neighborhood and Bay Area market.
Contact Listing Broker
Seth Hubbert
NAI Norcal
