570 Grand Avenue Oakland, CA 94610
Marcus & Millichap is pleased to present 570 Grand Avenue, a 13-unit apartment community located in Oaklands highly desirable Grand Lake district, just steps from Lake Merritt. The property consists of seven 1-bedroom/1-bath units, four 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one studio. Offering a strong in-place 6.80% CAP rate and 8.91 GRM, the asset provides immediate cash flow with significant upside through targeted capital improvements and unit renovations. Nearly every apartment enjoys sweeping views of beautiful Lake Merritt, and the property is within easy walking distance to the best of Adams Point vibrant restaurants, cafes, and boutique shops. This is an exceptional opportunity to own a well-located, high-performing asset in one of Oakland's most sought-after neighborhoods.
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Price History
| date | event | price | source |
|---|---|---|---|
|
01/20/2026
01/20/2026
|
Sold |
$2,750,000
|
MLS Listings- San Jose |
|
01/09/2026
01/09/2026
|
Pending |
$2,998,000
|
MLS Listings- San Jose |
|
12/24/2025
12/24/2025
|
Contingent |
$2,998,000
|
MLS Listings- San Jose |
|
11/18/2025
11/18/2025
|
Active |
$2,998,000
|
MLS Listings- San Jose |
Market Trends
Source: Constellation1
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