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765 Rand Ave
Oakland, CA 94610
Multifamily Property For Sale · 28 Units

Investment Highlights

  • 765 Rand Avenue is a trophy 29-unit asset with seller financing available in Oakland’s sought-after Lakeshore neighborhood.
  • Broad mix of large premium units consisting of 15 two-bed/two-bath units, one two-bed/one-bath unit, and 13 one-bed/one-bath units.
  • Capital improvements include fresh exterior paint, new roof, vinyl windows, and significant unit upgrades.
  • Select apartment units feature floor-to-ceiling windows, over 10-foot ceilings, gas fireplaces, balconies, and views of Lake Merritt.
  • 765 Rand Avenue has resident amenities, including 28 garage parking spaces, four on-site laundry rooms, and a secured lot with gated entry.
  • With a 98 Walk Score, residents can easily reach Trader Joe's, Peet's Coffee, and Wells Fargo on Lakeshore Avenue.

Property Facts

No. Units 28
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Mid-Rise
Building Class C
Lot Size 0.30 AC
Building Size 29,498 SF
Average Occupancy 96%
No. Stories 4
Year Built 1971
Parking Ratio 0.95/1,000 SF
Zoning R70, Oakland

Amenities

Unit Amenities

  • Balcony
  • Fireplace
  • Kitchen

Site Amenities

  • Laundry Facilities
  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 - 630
2+1 1 - 745
2+2 14 - 985
2+1.5 1 - 1,250

Property Taxes

Property Taxes

Parcel Number
011-0837-037-01
Land Assessment
$1,960,000
Improvements Assessment
$6,133,200
Total Assessment
$8,157,159
  • Listing ID: 29931464

  • Date on Market: 10/31/2023

  • Last Updated:

  • Address: 765 Rand Ave, Oakland, CA 94610

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