Marcus & Millichap is pleased to present 570 Grand Avenue, a 13-unit apartment community located in Oaklands highly desirable Grand Lake district, just steps from Lake Merritt. The property consists of seven 1-bedroom/1-bath units, four 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one studio. Offering a strong in-place 6.80% CAP rate and 8.91 GRM, the asset provides immediate cash flow with significant upside through targeted capital improvements and unit renovations. Nearly every apartment enjoys sweeping views of beautiful Lake Merritt, and the property is within easy walking distance to the best of Adams Point vibrant restaurants, cafes, and boutique shops. This is an exceptional opportunity to own a well-located, high-performing asset in one of Oakland's most sought-after neighborhoods.
Sold for $2,750,000
$2,750,000
Grand Ave, Oakland, CA 94610
6beds
4baths
9,482sqft
Five Or More Units, Residential Income
Built in 1925
-- sqft lot
$2,793,900 Zestimate®
$290/sqft
$3,095 Estimated rent
Home value
$2,793,900
$2.51M - $3.10M
$3,095/mo
Zestimate® history
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$17,430/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Eymon Binesh 02060059 650-546-1030,
Marcus & Millichap 650-391-1700
Bought with:
Eymon Binesh, 02060059
Marcus & Millichap
Source: MLSListings Inc,MLS#: ML82027846
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Gas
Cooling
- None
Appliances
- Laundry: Coin Operated
Interior area
- Total structure area: 9,482
- Total interior livable area: 9,482 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Garage spaces: 3
- Has carport: Yes
Accessibility
- Accessibility features: Parking
Lot
- Size: 4,094 Square Feet
Details
- Parcel number: 0100780009
- Zoning: C-30/S-4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Wood Frame
- Roof: Composition
Condition
- Year built: 1925
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Oakland
Financial & listing details
- Price per square foot: $290/sqft
- Date on market: 11/18/2025
- Listing agreement: ExclusiveRightToSell
- Listing terms: Contract, CashorConventionalLoan
- Inclusions: OvenRangeAllUnits
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2026 | Sold | $2,750,000-8.3%$290/sqft |
Source:  MLSListings Inc #ML82027846 Report a problem | ||
| 1/10/2026 | Pending sale | $2,998,000$316/sqft |
Source: MLSListings Inc #ML82027846 Report a problem | ||
| 12/24/2025 | Contingent | $2,998,000$316/sqft |
Source: MLSListings Inc #ML82027846 Report a problem | ||
| 11/18/2025 | Listed for sale | $2,998,000$316/sqft |
Source: MLSListings Inc #ML82027846 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Adams Point
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Nearby schools
GreatSchools rating
- 5/10Piedmont Avenue Elementary SchoolGrades: K-5Distance: 1.4 mi
- 2/10Westlake Middle SchoolGrades: 6-8Distance: 0.7 mi
- 8/10Oakland Technical High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- District: OaklandUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,793,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,793,900
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