Map of Property

2275 Park Blvd

For Sale

2275 Park Blvd, Oakland, CA 94606

This Oakland property for sale is located at 2275 Park Blvd. The general use of 2275 Park Blvd is multi-family and it incorporates 6,543 square feet of class C multi-family space. The current listed sale price for 2275 Park Blvd is $2,098,000. 2275 Park Blvd is situated on a lot that is 0.16 acre in size.

Contacts

James Kilpatrick

NAI Northern California

Property Details

  • Property Type Multi-Family
  • Property Size 6,543 SF
  • Units 10
  • Lot Size 0.16 Acre
  • Building Class C
  • Year Built 1953
  • Date Updated Aug 17, 2026
Cleveland Heights sits on the east side of Lake Merritt, with the Park Boulevard corridor's cafes and restaurants at the doorstep and the Grand Lake and Lakeshore shopping districts minutes away. Transit along Park Boulevard and quick access to I-580 put downtown Oakland and San Francisco within an easy commute for tenants.2275 Park Blvd is a 10-unit, 6,543 SF apartment building at the corner of Park Boulevard and 5th Avenue in Oakland's Cleveland Heights neighborhood, a few blocks up from Lake Merritt. Built in 1953, the building carries two 2BR/1BA units and eight 1BR/1BAs over garage parking, with hardwood floors and updated finishes in recently turned units. Nine of ten units are occupied, the vacant unit is ready to lease at market, and in-place rents sit roughly 10% below market — a clean mark-to-market story that requires no repositioning. Scheduled income supports a 6.5% going-in cap rate, moving to 7.7% at market rents.
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Highlights

  • In-place rents sit below market, leaving immediate upside for a new owner without repositioning the asset
  • Multiple transit lines within walking distance, connecting tenants to downtown Oakland, San Francisco, and the greater East Bay
  • Steps from Lake Merritt, the Parkway District's dining and coffee scene, neighborhood schools and supermarkets
  • Turnkey interiors hardwood and tile floors, granite counters, updated finishes throughout

Getting around

  • 90/100

    Walk Score ®

  • 61/100

    Transit Score ®

  • 62/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Oakland, CA
  • Neighborhood Cleveland Heights
  • Zip Code 94606
  • Market Bay Area

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

    2.21 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

    0.72 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

  • Americas Best Value Inn

    0.70 miles

  • Continental Lodge

    0.86 miles

  • Homewood Suites by Hilton Oakland-Waterfront

    1.03 miles

  • Best Western Plus Bayside Hotel

    1.09 miles

  • Executive Inn & Suites

    1.15 miles

  • Civic Center Lodge

    1.17 miles

  • Motel 6

    1.24 miles

  • The Empyrean Towers

    1.27 miles

  • Trending Inn

    1.34 miles

  • Ramada Oakland Downtown City Center

    1.34 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

Contact Listing Broker
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