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Sold for $3,400,000
  • $3,400,000

    Piedmont Ave, Oakland, CA 94611

    3beds
    3baths
    8,798sqft
    Five Or More Units, Residential Income
    Built in 1926
    -- sqft lot
    $3,379,300 Zestimate®
    $386/sqft
    $3,193 Estimated rent

    Home value

    $3,379,300

    $3.08M - $3.72M

    $3,193/mo

    Zestimate® history
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    $21,644/mo

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    What's special

    Marcus & Millichap is pleased to present 42124218 Piedmont Avenue, a premier 10-unit mixed-use asset located in one of Oakland's most desirable and walkable neighborhoods. The property features a balanced unit mix of 6 residential apartments and 4 well-positioned ground-floor commercial suites, providing a diverse and stable income stream. Offered at an attractive 7.33% CAP rate, the asset presents investors with strong in-place cash flow and long-term upside in a high-barrier-to-entry location. Situated along the vibrant Piedmont Avenue corridor, the property benefits from exceptional foot traffic, immediate access to top-tier dining, retail, and entertainment, and proximity to major transportation corridors including Highway 24, I-580, and BART. This is a rare opportunity to acquire a high-yield, well-located asset in one of Oaklands premier submarkets.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eymon Binesh 02060059 650-546-1030,

    Marcus & Millichap 650-391-1700,

    Gino Franco 02027839 415-625-2167

    Bought with:

    Eymon Binesh, 02060059

    Marcus & Millichap

    Gino Franco, 02027839

    Marcus & Millichap

    Source: MLSListings Inc,MLS#: ML82041027MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Coin Operated
    Features
    • Doors: None
    Interior area
    • Total structure area: 8,798
    • Total interior livable area: 8,798 sqft

    Property

    Parking
    • Parking features: None
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 6,648 Square Feet
    Details
    • Parcel number: 0120990020
    • Zoning: C
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Wood Frame
    • Roof: RolledHotMop
    Condition
    • Year built: 1926

    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: $386/sqft
    • Date on market: 3/31/2026
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan
    • Inclusions: OvenRangeSomeUnits
    • Lease term: Month To Month

    Price history

    DateEventPrice
    6/5/2026Sold$3,400,000+0.1%$386/sqft
    Source: MLSListings Inc #ML82041027 Report a problem
    4/17/2026Pending sale$3,398,000$386/sqft
    Source: MLSListings Inc #ML82041027 Report a problem
    3/31/2026Listed for sale$3,398,000$386/sqft
    Source: MLSListings Inc #ML82041027 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Piedmont Avenue

    Nearby schools

    GreatSchools rating
    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
    $3,379,300
    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
    $3,379,300