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15th St, Oakland, CA, 94612

3beds
3baths
8,259sqft
$3,080,000
$373price/sqft
$21,962/moest. monthly cost
$878,480/yrincome needed

About This Home

Marcus & Millichap is pleased to present 185 15th Street, a 14-unit apartment community located just two blocks from Lake Merritt in the heart of Downtown Oakland. This well-located asset offers a strong value-add opportunity in one of Oaklands most desirable rental markets. The property has seen major capital improvements, including all new dual-pane windows, a completed seismic retrofit per city ordinance, and several renovated units. Additionally, six vacant units provide a clear path to renovate and lease at full market rents. With a prime location and meaningful upside, 185 15th Street is well-positioned for both immediate income growth and long-term appreciation.

Getting Around

100
WalkingWalker's Paradise
89
TransitExcellent Transit
90
BikeBiker's Paradise

Schools

9/10
2/10
Westlake Middle SchoolGrades 6-80.8 mi
8/10

Construction

Condition

  • Year built: 1954

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Five Or More Units,Residential Income

Interior

Appliances

  • Laundry features: Coin Operated

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • Door features: None

Heating & Cooling

  • Heating features: Gas
  • Cooling features: None

Interior Area

  • Total structure area: 8,259
  • Total interior livable area: 8,259 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0080628002
  • Zoning: RM
  • Special condition: Standard

Lot

  • Lot size: 4,900 sqft

Parking

  • Parking features: On Street
  • Carport: Yes