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 B 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 6,970 square feet in size.

Contacts

Seth Hubbert

NAI Norcal

Property Details

  • 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
  • # of Floors 2
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1953
  • Date Updated Aug 17, 2026

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.

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Highlights

  • 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

Attachments

Getting around

  • 90/100

    Walk Score ®

  • 61/100

    Transit Score ®

  • 62/100

    Bike Score ®

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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

    2.20 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

  • 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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