2605 9th AVE, Oakland, CA 94606
2605 9th AVE, Oakland, CA 94606
2605 9th AVE, Oakland, CA 94606
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Listed by Alina Siert • KW Advisors, DRE#01893238
$2,598,000
Est. payment /mo
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7,732 SqFt
Open Wed 11AM-1PM

2605 9th AVE Oakland, CA 94606

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Zachary Hoag

Zachary Hoag

+1(831) 258-9150

Open House

Wed Oct 21, 11:00am - 1:00pm

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Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,732 sqft

Price per Sqft $336

MLS Listing ID ML82064391

Year Built 1964

Lot Size 7,841 Sqft

Property Sub-Type Five or More Units

Property Description

10 apartments at 2605 9th Avenue (Ivy Square Apartments), a two-story building built in 1964 with about 7,171 SF of net rentable area on about 0.17 acres: 4 one-bedrooms, 5 two-bedrooms and a two-bath, three-bedroom unit of about 1,222 SF. Gated tuck-under parking for 10 cars and an on-site laundry room. Sewer lateral replaced in 2018 and certified by EBMUD through 2038. Market rents run about 8% above in-place rents. In Oakland's Ivy Hill neighborhood east of Lake Merritt, near Park Boulevard Plaza, FM Smith Park and Highland Hospital, with quick I-580 access. 6.93% current cap; 6.40% pro forma cap. Motivated ownership: all offers reviewed; Q4 2026 close preferred.

Location

State CA

County Alameda

Area Oakland Zip Code 94606

Zoning R-50

Interior

Heating Other

Cooling Other

Exterior

Parking Features Other

Utilities Available Other

Roof Type Other

Building

Foundation Other

Sewer Other

Water Other

Others

Restrictions Other

Tax ID 022-0341-013

Security Features Other

Special Listing Condition Not Applicable

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Zachary Hoag

Zachary Hoag

Agent License ID: 02139812

+1(831) 258-9150

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