Park Way, Oakland, CA, 94606
About This Home
2742 Park Blvd presents a compelling opportunity to acquire an eight-unit apartment building in the heart of Oakland, consisting of (4) one-bedroom, one- bathroom units and (4) studio units. Situated on a 4,500 square-foot lot with 4,860 square feet of building area, the property offers an efficient unit mix well-suited to Oakland's strong renter demand. The location is a standout feature of this offering. Just moments from the shores of Lake Merritt, one of Oakland's most desirable and walkable amenities, and within easy reach of Laney College, providing a consistent pool of student and staff renters. The property's proximity to Downtown Oakland places tenants close to major employment centers, dining, and entertainment, while quick access to Interstate 580 offers outstanding regional connectivity throughout the East Bay and beyond.
Getting Around
Very Walkable
Good Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1954
Materials
- Foundation: Other
- Roof: Other
Type & Style
- Home type: MultiFamily
- Property subType: Five Or More Units,Residential Income
Interior
Features
- Door features: None
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: None
Interior Area
- Total structure area: 4,860
- Total interior livable area: 4,860 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 022033901901
- Zoning: Multifamily
- Special condition: Standard
Lot
- Lot size: 4,500 sqft
Parking
- Parking features: None
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Coastal Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Alameda County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,053 | $84,636 |
| Home Insurance * | $405 | $4,860 |
| Property Taxes | $883 | $10,596 |
| Electricity | $1,042 | $12,505 |
| Total | $9,383 | $112,596 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-31 | Listed for sale | $1,395,000 |
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