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301 Lenox Avenue

Oakland, CA 94610

32 beds
3 baths
21,231 sqft
11,950 sqft lot
$284 per sqft
1962 build
– on site

301 Lenox Ave is a trophy 32-unit, value-add apartment community centrally located in Oakland's coveted Adams Point neighborhood. The property is being offered at an attractive basis of $188,594/unit & $284/SF with an in-place Cap Rate of 6.11%.Built in 1962, this 21,231 SF structure is situated on a 11,950 SF soft corner lot at the intersection of Lenox Ave & Van Buren Ave. The building is comprised of 32 sizable 1-bed, 1-bath units including 2 penthouse level units each of which feature their own private rooftop deck. Community amenities & features include: a secured gated entry, a passenger elevator, a large interior courtyard, a secured parking garage with 26 parking spaces & storages units, a separate single-car garage, 2 on-site, coin-operated laundry facilities & a community rooftop deck with pristine views of Lake Merritt & the Downtown Oakland skyline. The property has undergone significant capital improvements including: a new roof (2020), new dual pane windows throughout (2020), sewer lateral replacement/compliance (2019), a roof mounted solar photovoltaic system (2015). The property is also exempt from the City of Oakland's mandatory soft story retrofit ordinance. The property is surrounded by Oakland's most popular retail districts and is steps from Whole Foods.

Listing courtesy of SFMLS / CBRE

Last checked: Checking… • Last updated Oct 14, 2024 •

MLS# 424061241 —

The Building

Year Built:

1962
Year Built Source:

Assessor Auto-Fill
Levels:

Four
Stories Total:

4
Stories:

4
Roof:

Asphalt
Window Features:

Double Pane Windows, See Remarks
Patio And Porch Features:

Balcony/Deck
Building Area Total:

21231
Building Area Units:

Square Feet
Building Area Source:

Assessor Auto-Fill

Interior

Interior Features:

Formal Entry
Flooring:

Carpet
Laundry Features:

Coin Operated

Room Dimensions

Living Area:

21231
Living Area Units:

Square Feet
Living Area Source:

Assessor Auto-Fill

Location

Cross Street:

Van Buren Avenue
Latitude:

37.8113014
Longitude:

-122.2577375

The Property

Parcel Number:

010077100601
Property Type:

Residential Income
Property Sub Type:

Multi Family
Lot Features:

Other
Lot Size Area:

11950
Lot Size Acres:

0.2743
Lot Size Square Feet:

11950
Lot Size Units:

Square Feet
View:

City
Irrigation Water Rights:

false
Elevation Units:

Feet

Listing Agent

Contact info:

Beds

Bedrooms Total:

32

Baths

Bathrooms Total:

3
Bathrooms Full:

3

Heating & Cooling

Heating:

Gas
Heating:

true

Utilities

Gas:

Separate Meter
Electric:

Separate Meter
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher

The Community

Association:

false

Parking

Garage:

true
Garage Spaces:

27
Attached Garage:

true
Carport:

false
Parking Total:

27
Parking Features:

Attached
Open Parking:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/8/24 Oct 8, 2024	Listed / Active	SFMLS	$6,035,000

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This multifamily located in Central Oakland, Oakland, CA 94610 is currently for sale for $6,035,000. 301 Lenox Avenue is a 21,231 square foot multifamily with 32 beds and 3 baths that has been on Estately for 45 days. 301 Lenox Avenue is in the Central Oakland neighborhood of Oakland and has a WalkScore® of 92, making it a walker’s paradise. This multifamily is in the attendance area of Westlake Middle School, Oakland Technical High School, and Lincoln Elementary School.

Listing Courtesy of: SFMLS and CBRE.

Based on information from the SFMLS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. SFMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser SFMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.