2605 9th AvenueOakland, CA 94606
Alameda County
Description
10 apartments at 2605 9th Avenue (Ivy Square Apartments), a two-story building built in 1964 with about 7,171 SF of net rentable area on about 0.17 acres: 4 one-bedrooms, 5 two-bedrooms and a two-bath, three-bedroom unit of about 1,222 SF. Gated tuck-under parking for 10 cars and an on-site laundry room. Sewer lateral replaced in 2018 and certified by EBMUD through 2038. Market rents run about 8% above in-place rents. In Oakland's Ivy Hill neighborhood east of Lake Merritt, near Park Boulevard Plaza, FM Smith Park and Highland Hospital, with quick I-580 access. 6.93% current cap; 6.40% pro forma cap. Motivated ownership: all offers reviewed; Q4 2026 close preferred.
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Year built
- 1964
- Living area
- 7,732 Sq Ft
- Lot size
- 7,841 Sq Ft
- Zoning
- R-50
- Days on market
- 9
- MLS® Listing#
- ML82064391
Property Features
- Cooling
- Other
- Heating
- Other
- Parking
- Other
Financial Details
- HOA
- None
- Parcel number
- 0220341013
Listing Courtesy: KW Advisors
Presented by: Alina Siert
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