2306 Waverly St, Oakland, CA 94612

$1,825,000

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Listed by Timothy Warren, (510) 336-4719 from NAI Northern California
(If provided) CoList: from

Sold listing courtesy of Timothy Warren from OBOJMTB

Sold Price
$1,825,000
List Price
$2,000,000
Closing Date
Sep 26, 2025
MLS#
EB41060912
Status
SOLD
Lot Size
8,000
Listing Area
Oakland Zip Code 94612
Year Built
1911

Property Description

The property is a well-maintained 12-unit apartment building located in Downtown Oakland, just steps from Lake Merritt. The property consists of two (2) 2 bedroom 1 bathroom units and ten (10) 1 bedroom 1 bathroom units with fourteen (14) off-street parking spots. Two units will be delivered vacant upon close of escrow. The property boasts beautiful 1900s architecture, hardwood floors, and period-appropriate details. The property offers over $100,000 of annual rental upside allowing a new owner to maximize their return over time. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate. 2306 Waverly Street is located in Downtown Oakland steps from Lake Merritt. This property is less than a mile from the 19th Street BART station with easy access to interstates 580 and 880 for seamless connection to the entire San Francisco Bay Area. Residents enjoy endless amenities in Uptown, Downtown, and Lake Merritt, including Whole Foods, just a 5-minute walk away. The properties are walkable to both Kaiser Permanente (Oakland's Largest Employer) and Sutter Health Alta Bates Medical Center (Oakland's Second Largest Employer), earning a near-perfect Walk Score of 97!

Additional Information

Acres
0.18
Age
114
Amenities
None
Cooling System
None
Days On Market
Unknown
Exterior Features
Wood Shingles
Floor Covering
Carpet - Partial, Hardwood
Garage Parking
Spaces per Unit - 1
Heating System
Steam
Lot Description
Regular
Lot Size
8,000
Neighborhood
Oakland Zip Code 94612
Numberof Units
12
Other Rooms
Basement - Partial
Roof
Rolled Composition
Sewer
Sewer - Public
Unincorporated Yn
Yes

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