Multifamily Housing
334 Portland Avenue Oakland, CA 94606
Details & Description
Price: $1,460,000
    The Monjid Aldiyyat Team of NAI Northern California is pleased to announce the sale of 334 Portland Ave, a seven-unit value-add apartment building conveniently located in the Cleveland Heights neighborhood of Oakland, CA. Built in 1905, this asset sits on an 8,000 SF lot and features one 2-bed unit, four 1-bed units, and two studios. Additionally, the property offers four covered parking spaces and additional off-street parking. Situated in a prime location close to Lake Merritt and the Lake Merritt BART station, the in-demand units will continue to see high occupancy for years to come.
    Additional Photos
    Listing Agents
    Grant Chappell

    O: 510-336-4721
    M: 415-246-4314
    grant@nainorcal.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    334 Portland Avenue

    Oakland, CA 94606

    Listing ID: 250846
    • 334 Portland Avenue Oakland, CA 94606 | for Sale | Photo 1
    • 334 Portland Avenue Oakland, CA 94606 | for Sale | Photo 2
    • 334 Portland Avenue Oakland, CA 94606 | for Sale | Photo 3
    • 334 Portland Avenue Oakland, CA 94606 | for Sale | Photo 4
    334 Portland Avenue | for Sale | Thumbnail 1
    334 Portland Avenue | for Sale | Thumbnail 2
    334 Portland Avenue | for Sale | Thumbnail 3
    334 Portland Avenue | for Sale | Thumbnail 4
    Building Size: 4,576 SF
    Lot Size: 0.180 AC
    Land Size: 7,840 SF
    Building $/SF: $319.06
    Land $/SF: $186.22
    Price
    $1,460,000
    Description

    The Monjid Aldiyyat Team of NAI Northern California is pleased to announce the sale of 334 Portland Ave, a seven-unit value-add apartment building conveniently located in the Cleveland Heights neighborhood of Oakland, CA. Built in 1905, this asset sits on an 8,000 SF lot and features one 2-bed unit, four 1-bed units, and two studios. Additionally, the property offers four covered parking spaces and additional off-street parking. Situated in a prime location close to Lake Merritt and the Lake Merritt BART station, the in-demand units will continue to see high occupancy for years to come.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Oakland History of Multifamily Housing for Sale

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    Oakland Area Market Trends

    Listing Demographics for 334 Portland Avenue Oakland, CA 94606

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population55,618317,741565,089
    Population Median Age403938
    Population by Age0-9 Yrs4480 (8%)32633 (10%)56927 (10%)
    10-19 Yrs3797 (6%)28670 (9%)60224 (10%)
    20-29 Yrs9077 (16%)49737 (15%)95559 (16%)
    30-39 Yrs12747 (22%)59459 (18%)98957 (17%)
    40-49 Yrs8031 (14%)46508 (14%)77590 (13%)
    50-59 Yrs6267 (11%)38008 (11%)64975 (11%)
    60-69 Yrs5936 (10%)33358 (10%)59327 (10%)
    70+ Yrs5282 (9%)29367 (9%)51530 (9%)
    Median HH Income$74,920$79,217$82,679
    Total Household Income< 24K4779 (18%)24621 (18%)40896 (18%)
    25-49K4139 (16%)20395 (15%)33854 (15%)
    50-74K3968 (15%)17386 (13%)28979 (13%)
    75-99K3306 (12%)14792 (11%)24639 (11%)
    100-199K6425 (24%)32481 (25%)57010 (25%)
    200K+3130 (12%)20120 (15%)37219 (16%)
    Highest Education LevelNo Diploma62633507952481
    Diploma or GED57623225852323
    Some College61143796964923
    Assoc. Degree26091440023750
    Bachelors Degree1384870256120740
    Higher Degree101905003093285
    Total Housing Units27,557138,664238,148
    --Owner-Occupied6,17946,08991,298
    --Renter-Occupied19,56983,705131,299
    Owner-Occupied Values< 100K1108271636
    100-199K637311581
    200-299K26916233864
    300-399K54130946803
    400-499K76840978082
    500K+44283571869333
    Total Working Age Population48,541266,660475,468
    In Work Force35,891186,293322,020
    Not In Work Force12,65080,367153,448
    Workforce Employed33,962175,464303,407
    Workforce Unemployed1,90710,15117,302
    Civlian Workforce35,869185,615320,709
    Military Workforce226781,312
    Total Households25,748129,794222,598
    Family Households10,92666,346115,336
    Non-Family Households14,82263,448107,261
    Married Couple7,93646,29180,905
    Other Family2,99020,05534,432
    Married w/Child2,93119,48833,824
    Single Male w/Child2712,1073,496
    Single Female w/Child8386,83911,778

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    California33,871,648+1037,253,956+940,467,295+843,631,295
    Alameda County1,443,741+51,510,271+121,696,752+101,861,027
    Contra Costa County948,816+111,049,025+121,171,305+111,296,786
    San Francisco County776,733+4805,235+12903,294+8976,481

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 334 Portland Avenue in Oakland?
    The asking price for 334 Portland Avenue is $1,460,000
    What is the building size of this Multifamily property in Oakland, CA?
    The size of the building/unit at 334 Portland Avenue in Oakland is 4,576 square feet
    How much land does the Oakland, CA property at 334 Portland Avenue include?
    334 Portland Avenue in Oakland includes 0.180 acres of land
    What is the population within 1 mile of 334 Portland Avenue in Oakland?
    The population within 1 mile of 334 Portland Avenue Oakland, CA 94606 is 55,618 people.
    Who do I contact for questions about 334 Portland Avenue?
    You should contact the listing agent, Grant Chappell, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Metropolitan Oakland International Airport (OAK) 6
    San Francisco International Airport (SFO) 14
    Norman Y. Mineta San Jose International Airport (SJC) 35