2275 Park Blvd
2275 Park Blvd, Oakland, CA 94606
NAI Northern California is pleased to present 2275 Park Blvd, a 10-unit apartment building at the signalized corner of Park Boulevard and 5th Avenue in Oakland's Cleveland Heights neighborhood — a few short blocks up the hill from Lake Merritt.
This is the rare Oakland multifamily offering that asks nothing of its next owner. The interiors are already done: hardwood floors, tile, granite counters, and updated finishes throughout the recently turned units. Nine of ten units are occupied, and the single vacancy is rent-ready and priced to lease at market on day one. There is no repositioning plan to underwrite, no construction budget to defend to a lender, and no deferred-maintenance discount buried in the price.
What the buyer does get is a clean, quantifiable path to higher income.
Key features
- Truly turnkey hardwood, tile, granite counters, updated finishes; no renovation budget to underwrite
- Priced below comp average $209,800/unit vs. $230,167/unit across six recent neighborhood sales
- Efficient unit mix 81BR + 22BR targeting Oakland's deepest rental demand
- Blocks from Lake Merritt Park Blvd caf corridor at the doorstep, Grand Lake minutes away
- Commuter-friendly transit on Park Blvd, immediate I-580 access
Building Details
- For Sale $2,098,000
- Property Type Multi-Family
- Property Size 6,543 SF
- Units 10
- Lot Size 6,970 SF
- Cap Rate % 6.5
- NOI / YR $137,071.00
- Additional Rent Price on request
- # of Floors 2
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1953
- Date Updated Aug 17, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
NAI Norcal
Location
- City Oakland, CA
- Neighborhood Cleveland Heights
- Zip Code 94606
- Market Bay Area
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Walk score 90/100 Very Walkable -
Transit score 61/100 Good Transit -
Bike score 62/100 Bikeable
Points of Interest
Lake Merritt
1.11 miles
19th Street BART Street Elevator
1.34 miles
Oakland City Center - 12th Street
1.43 miles
Oakland-Jack London Square
1.52 miles
MacArthur
2.20 miles
Fruitvale
2.21 miles
West Oakland
2.72 miles
Emeryville
3.68 miles
Ashby
3.77 miles
Coliseum
4.24 miles
76
0.57 miles
eVgo
0.58 miles
Shell
0.60 miles
Betts Lakeshore Chevron
0.70 miles
ChargePoint
0.73 miles
Chevron
0.75 miles
Propel
0.76 miles
True Zero
0.76 miles
Mobil
0.83 miles
QuikStop
0.92 miles
Regeneration Church
0.58 miles
Trader Joe's Parking Garage
0.58 miles
State of California
0.65 miles
Sun Sang Supermarket
0.68 miles
Highland Care Pavilion Parking
0.73 miles
Employee Parking
0.80 miles
Pho Ao Sen parking
0.85 miles
Lake Chalet Parking
0.87 miles
Lake Chalet Valet Parking
0.90 miles
Lake Chalet Employee Parking
0.93 miles
Markato Hand Carwash and Detail
0.28 miles
KSC Car Wash
0.71 miles
Coin-Op Car Wash
0.79 miles
AutoLectrics
0.82 miles
17th & Jackson
0.96 miles
Zipcar
1.19 miles
Avis
1.33 miles
Budget
1.33 miles
Enterprise
1.39 miles
Hertz
1.51 miles
Brothers Deli & Co
0.23 miles
Parkline
0.26 miles
Champa Garden
0.26 miles
Casa Vallarta
0.27 miles
Leaning Tower of Pizza
0.29 miles
L&S Fish and Chips
0.35 miles
Subway
0.37 miles
Anh Dao
0.38 miles
Pho King
0.46 miles
Tasty Bowl
0.47 miles
Lucky
0.46 miles
Trader Joe's
0.56 miles
Lakeshore Natural Foods
0.64 miles
Safeway
1.07 miles
Whole Foods Market
1.12 miles
hk outlets
1.15 miles
Hometown Grocery
1.23 miles
Won Kee Supermarket
1.28 miles
Cash & Carry
1.31 miles
LG Supermarket
1.34 miles
Mỹ Lan Pharmacy
0.36 miles
Walgreens
0.42 miles
Pacific Pharmacy
0.62 miles
Carbon Health
0.63 miles
San Antonio Neighborhood Health Clinic
0.72 miles
Highland Hospital
0.80 miles
Oakland Fire Station 4
0.83 miles
Youth Heart Health Center
0.83 miles
Fire Station Number 16
0.83 miles
Safeway
1.06 miles
Listing Summary
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What is the asking price at 2275 Park Blvd?
2275 Park Blvd is currently listed for sale at Price on request.
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What is the total size of 2275 Park Blvd?
2275 Park Blvd has a total of 6,543 square feet.
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What is the year built for 2275 Park Blvd?
The year built for 2275 Park Blvd is 1953.
NAI Norcal
