MULTI-FAMILY BUILDING FOR SALE

For Sale

450-456 Lee St, Oakland, CA 94610

This Oakland property for sale is located at 450-456 Lee St. The current listed sale price for MULTI-FAMILY BUILDING FOR SALE is $3,600,000. MULTI-FAMILY BUILDING FOR SALE is situated on a lot that is 0.26 square feet in size.

Contacts

Matt Flaherty
Ryan Rodriguez

Property Details

  • Property Type Other
  • Property Size 16,300 SF
  • Lot Size 0.26 SF
  • Date Updated Sep 27, 2026

450 & 456 Lee Street, an 18-unit apartment community situated on a 0.26-acre parcel in Oakland, California.​ Comprising two residential buildings, the property offers a strategic location in the highly desirable Adams Point neighborhood.​ Offered at $3,600,000, the asset presents a significant value-add opportunity.​ With in-place rents currently reflecting a 24% loss-to-lease, 450 & 456 Lee Street offers investors a 5.91% in-place cap rate.​ The property benefits from a desirable unit mix consisting of spacious 1-Bedroom and 2-Bedroom units.​

The Subject Property, originally constructed in 1922 and 1925, features a desirable unit mix comprising (18) spacious residential units.​ The current composition includes (15) 1-Bedroom / 1-Bathroom units measuring an estimated 750 square feet and (3) 2-Bedroom / 1-Bathroom units measuring an estimated 850 square feet.​ Amenities include gated parking, on-site laundry facility, and controlled access.​ 

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 94/100

    Walk Score ®

  • 67/100

    Transit Score ®

  • 88/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Oakland, CA
  • Neighborhood Adams Point
  • Zip Code 94610
  • Market Bay Area

Points of Interest

  • 19th Street BART Street Elevator

    0.75 miles

  • Oakland City Center - 12th Street

    0.98 miles

  • Lake Merritt

    1.06 miles

  • MacArthur

    1.37 miles

  • Oakland-Jack London Square

    1.45 miles

  • West Oakland

    2.16 miles

  • Emeryville

    2.81 miles

  • Ashby

    3.00 miles

  • Fruitvale

    3.06 miles

  • Downtown Berkeley

    4.14 miles

  • True Zero

    0.12 miles

  • Propel

    0.12 miles

  • Chevron

    0.12 miles

  • eVgo

    0.28 miles

  • ChargePoint

    0.55 miles

  • Mobil

    0.59 miles

  • 76

    0.61 miles

  • Quick stop

    0.65 miles

  • Betts Lakeshore Chevron

    0.81 miles

  • Alameda County Fueling Station

    0.85 miles

  • 180 Grand Public Parking

    0.39 miles

  • Kaiser Center Parking Garage

    0.47 miles

  • Public Parking Garage

    0.50 miles

  • Lake Chalet Parking

    0.60 miles

  • CityLift Automated Parking Structure

    0.60 miles

  • 1800 Harrison Garage

    0.64 miles

  • Scottish Rite Center Parking

    0.64 miles

  • Telegraph Plaza Public Parking Garage

    0.66 miles

  • Kaiser Permanente Parking Garage

    0.67 miles

  • Lake Chalet Valet Parking

    0.68 miles

  • Kissel Uptown Oakland - In the Unbound Collection

    0.56 miles

  • Moxy Oakland Downtown

    0.72 miles

  • The Empyrean Towers

    0.88 miles

  • Americas Best Value Inn

    0.90 miles

  • Ramada Oakland Downtown City Center

    0.94 miles

  • Trending Inn

    0.97 miles

  • Westwind Lodge

    0.98 miles

  • Hampton Inn

    1.00 miles

  • Value Inn

    1.02 miles

  • Twin Peaks Hotel

    1.03 miles

  • Whole Foods Market

    0.27 miles

  • Grocery Outlet

    0.53 miles

  • Koreana Plaza

    0.65 miles

  • Trader Joe's

    0.66 miles

  • Sprouts Farmers Market

    0.66 miles

  • Lakeshore Natural Foods

    0.68 miles

  • Safeway

    0.74 miles

  • Lucky

    0.81 miles

  • hk outlets

    0.98 miles

  • Hometown Grocery

    1.01 miles

Contact MULTI-FAMILY BUILDING FOR SALE
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.