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Investment Highlights

  • Walk to Grand Lake Shopping/Retail
  • Period Detail and Charm
  • Rear Yard/Patio
  • Beautiful Garden Like Setting

Executive Summary

508 Valle Vista a quant, charming 5 unit building located in Oakland's Grand Lake neighborhood. The building is made up of one studio, (3) one bedroom - one bath units and (1)two bedroom - one bath unit. The property has been well taken care of by its current ownership. Units have been tastefully remodeled upon turnover while still maintaining the building's period details. The property offers tenants a place to call home with a beautiful garden setting and outdoor space in the rear for tenants to enjoy. This a wellmaintained, charming investment in a great Oakland location!

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,275,000
Price Per Unit $255,000
Sale Type Investment
Cap Rate 5.49%
Gross Rent Multiplier 10.8
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 3,456 SF
Average Occupancy 97%
No. Stories 2
Year Built 1915
Parking Ratio 0.29/1,000 SF
Zoning R35, Oakland

Amenities

  • Smoke Detector

Unit Amenities

  • Ceiling Fans
  • Eat-in Kitchen
  • Hardwood Floors
  • Breakfast Nook
  • Garden
  • Smoke Free

Site Amenities

  • Fenced Lot
  • Laundry Facilities
  • Picnic Area
  • Gas Range
  • Pet Play Area
  • Recycling
  • Smoke Free
  • Trash Pickup - Curbside
  • Vintage Building

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - 500
1+1 3 - 600 - 750
2+1 1 - 750
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
010-0827-074-00
Land Assessment
$209,067
Improvements Assessment
$973,555
Total Assessment
$1,182,622
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 41563113

  • Date on Market: 8/5/2026

  • Last Updated:

  • Address: 506-508 Valle Vista Ave, Oakland, CA 94610

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