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$4,995,000

2124 90th Avenue

Oakland, CA 94603

Active

1964

Year Built

Alameda

County

CommercialSale

Property Type

About this home

32 apartments, mostly townhome style, in two 16-unit, two-story buildings on two parcels, built in 1964: 26 two-bedrooms, 5 three-bedrooms and 1 four-bedroom in about 28,000 SF on about 0.64 acres. Gated, with on-site parking and two laundry rooms. City of Oakland soft-story exemption granted in 2024. Subject to a City of Oakland regulatory agreement through 12/2032 (at least 8 units at 80% AMI or below). Market rents run about 26% above in-place rents. In East Oakland off MacArthur Boulevard with quick I-580 access, near Coliseum BART / Amtrak, Eastmont Town Center and Oakland Airport. 11.43% current cap; 14.25% pro forma cap. Taxes reflect the seller's current welfare exemption; buyer to verify. Motivated ownership: all offers reviewed; Q4 2026 close preferred.

Listed by Alina Siert · DRE #01893238 · KW Advisors

MLS #1192663166

ListedOct 8, 2026

Property Details

Architecture

StoriesN/A

StyleN/A

Total UnitsN/A

RoofOther

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingN/A

FireplaceN/A

LaundryN/A

Parking FeaturesN/A

Parking Total16

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size0.64 ac

Lot FeaturesN/A

ViewN/A

DirectionsN/A

Community

Area699 - Not Defined

School DistrictOther

Tax & Financial

TermsN/A

Land LeaseN/A

HOA NameN/A

HOA FeeN/A

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Mortgage Estimate

$26,585/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 3:45 PM

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