28
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$1,825,000
$2,000,000 8.8%
Est. payment /mo
10,440 SqFt
Sold on 09/26/2025
2306 Waverly St Oakland, CA 94612
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Key Details
Sold Price $1,825,000
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 10,440 sqft
Price per Sqft $174
MLS Listing ID EB41060912
Year Built 1911
Lot Size 8,000 Sqft
Property Sub-Type Five or More Units
Property Description
The property is a well-maintained 12-unit apartment building located in Downtown Oakland, just steps from Lake Merritt. The property consists of two (2) 2 bedroom 1 bathroom units and ten (10) 1 bedroom 1 bathroom units with fourteen (14) off-street parking spots. Two units will be delivered vacant upon close of escrow. The property boasts beautiful 1900s architecture, hardwood floors, and period-appropriate details. The property offers over $100,000 of annual rental upside allowing a new owner to maximize their return over time. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate. 2306 Waverly Street is located in Downtown Oakland steps from Lake Merritt. This property is less than a mile from the 19th Street BART station with easy access to interstates 580 and 880 for seamless connection to the entire San Francisco Bay Area. Residents enjoy endless amenities in Uptown, Downtown, and Lake Merritt, including Whole Foods, just a 5-minute walk away. The properties are walkable to both Kaiser Permanente (Oakland's Largest Employer) and Sutter Health Alta Bates Medical Center (Oakland's Second Largest Employer), earning a near-perfect Walk Score of 97!
Location
State CA
County Alameda
Area Oakland Zip Code 94612
Interior
Heating Steam
Cooling None
Flooring Carpet - Partial, Hardwood
Exterior
Exterior Feature Wood Shingles
Parking Features Spaces per Unit - 1
Garage Spaces 16.0
Roof Type Rolled Composition
Building
Lot Description Regular
Sewer Sewer - Public
Water Public, Heater - Gas
Others
Special Listing Condition Not Applicable
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