31 Croxton Ave, Oakland, CA 94611

Oakland
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
31 Croxton Ave,Oakland, CA 94611
$1,625,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: willem bos
Office: compass415-660-9955
MLS#:41129995
Source:CRMLS

Price summary

  • Price:$1,625,000

About this home

31 Croxton Ave is an eight-unit multifamily property located in Oakland’s highly desirable Piedmont Avenue neighborhood. The building features eight large 1-bedroom, 1-bath units and currently generates over $13,000/month in rental income, offering a 6.44% cap rate and 9.81 GRM at the asking price of $1,625,000. This equates to approximately $203,000 per unit and $350/SF. The property offers strong upside potential through unit renovations and future rent increases. Buyer to verify potential to reconfigure units or add bedrooms. The building is soft-story compliant and has completed SB 721 balcony requirements. Also is separately metered for Gas and electricity. Ideally located within walking distance to Piedmont Ave shops and dining, BART, and adjacent to Adams Point, this is a well-positioned asset in one of Oakland’s most sought-after rental markets. A turnkey investment with immediate cash flow and long-term upside.

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Home facts

  • Year built:1957
  • Subdivision & Development:ADAMS POINT
  • Listing ID #:41129995
  • Added:219 day(s) ago
  • Updated:November 13, 2026 at 12:59 PM

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1957
  • Lot area:0.11 Acres
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$1,625,000

Features and amenities

  • Appliances:Dryer, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Gas Water Heater
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