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1046 Alcatraz Ave
Oakland, CA 94608
1046-1048 Alcatraz Ave · Multifamily Property For Sale · 3 Units

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INVESTMENT HIGHLIGHTS

  • The upper unit (~1,600 sq ft), one lower unit , and two garage spaces will be delivered vacant—ideal for owner occupancy.
  • Just blocks from San Pablo Ave and Emeryville’s Bay Street shopping district, as well as Pixar Studios.
  • Features include tall ceilings, period detailing, a detached 3-car garage, and outdoor space.

EXECUTIVE SUMMARY

At the Berkeley–North Oakland border, 1046 Alcatraz Ave offers charm, flexibility, and value just blocks from San Pablo Ave and Emeryville’s Bay Street shopping district. This 3-unit property includes a large 3BD/2BA upper unit and two 1BD/1BA units below, totaling 2,880 sq ft on a 5,100+ sq ft lot. The upper unit (~1,600 sq ft), one lower unit , and two garage spaces will be delivered vacant—ideal for owner occupancy with rental income from the third unit. Features include tall ceilings, period detailing, a detached 3-car garage, and outdoor space. With nearby access to BART, transit, and local parks, plus Pixar Studios just down the street, this is a rare owner-occupant opportunity offered at under $400 per sq ft in a high-demand East Bay location.

TRANSPARENT PRICE. Units 1046 is vacant and can be shown via Calendly.
Unit 1048-B is currently tenant-occupied and will be vacated on 1/31 and the unit will be delivered vacant.
Contact Joey at joeywang@kwcommercial.com with questions.
For the offering memorandum and inspection reports, go to https://forms.gle/KkKudmgnZkEXC5kY7
Offers are due on Tuesday, February 10th at noon.
Disclaimer: The photos in this listing have been digitally enhanced.

PROPERTY FACTS

Price Per Unit $366,667
Sale Type Investment
Cap Rate 6%
Gross Rent Multiplier 10.4
No. Units 3
Property Type Multifamily
Building Size 2,880 SF
Average Occupancy 33%
No. Stories 2
Year Built 1908

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 $2,050 642 - 734
3+2 1 $4,500 1,596
  • Listing ID: 39162688

  • Date on Market: 1/21/2026

  • Last Updated:

  • Address: 1046 Alcatraz Ave, Oakland, CA 94608

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