Contacts
Property Details
- Property Type Other
- Property Size 16,300 SF
- Lot Size 0.26 SF
- Date Updated Aug 12, 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.
Reach out to the broker for more info on lease terms and amenities
Getting around
-
95/100
Walk Score ®
-
71/100
Transit Score ®
-
93/100
Bike Score ®
Location
- City Oakland, CA
- Neighborhood Adams Point
- Zip Code 94610
Points of Interest
-
19th Street BART Street Elevator
0.71 miles
-
Oakland City Center - 12th Street
0.93 miles
-
Lake Merritt
0.98 miles
-
Oakland-Jack London Square
1.37 miles
-
MacArthur
1.44 miles
-
West Oakland
2.13 miles
-
Emeryville
2.87 miles
-
Fruitvale
2.99 miles
-
Ashby
3.08 miles
-
Downtown Berkeley
4.23 miles
-
True Zero
0.05 miles
-
Propel
0.05 miles
-
Chevron
0.06 miles
-
eVgo
0.33 miles
-
ChargePoint
0.59 miles
-
76
0.62 miles
-
Mobil
0.64 miles
-
Quick stop
0.74 miles
-
Alameda County Fueling Station
0.77 miles
-
Betts Lakeshore Chevron
0.83 miles
-
180 Grand Public Parking
0.40 miles
-
Kaiser Center Parking Garage
0.44 miles
-
Public Parking Garage
0.52 miles
-
Lake Chalet Parking
0.52 miles
-
Scottish Rite Center Parking
0.56 miles
-
1800 Harrison Garage
0.58 miles
-
Lake Chalet Valet Parking
0.59 miles
-
CityLift Automated Parking Structure
0.62 miles
-
Kaiser Permanente Parking Garage
0.63 miles
-
Telegraph Plaza Public Parking Garage
0.65 miles
-
Kissel Uptown Oakland - In the Unbound Collection
0.59 miles
-
Moxy Oakland Downtown
0.71 miles
-
Americas Best Value Inn
0.81 miles
-
The Empyrean Towers
0.82 miles
-
Ramada Oakland Downtown City Center
0.88 miles
-
Trending Inn
0.91 miles
-
Hampton Inn
0.93 miles
-
Residence Inn
1.01 miles
-
AC Hotel
1.02 miles
-
Silver Dollar
1.03 miles
-
Whole Foods Market
0.31 miles
-
Grocery Outlet
0.60 miles
-
Koreana Plaza
0.67 miles
-
Trader Joe's
0.67 miles
-
Lakeshore Natural Foods
0.70 miles
-
Lucky
0.73 miles
-
Sprouts Farmers Market
0.73 miles
-
Safeway
0.81 miles
-
hk outlets
0.90 miles
-
Hometown Grocery
0.94 miles
