31 Croxton Ave, Oakland, CA 94611
ADAMS POINT · Alameda County
Key Facts
Description
31 Croxton Ave is an eight-unit multifamily property located in Oakland’s highly desirable Piedmont Avenue neighborhood. The building features eight large 1-bedroom, 1-bath units and currently generates over $13,000/month in rental income, offering a 6.65% cap rate and 9.6 GRM at the asking price of $1,625,000. This equates to approximately $203,000 per unit and $350/SF. The property offers strong upside potential through unit renovations and future rent increases. Buyer to verify potential to reconfigure units or add bedrooms. The building is soft-story compliant and has completed SB 721 balcony requirements. Also is separately metered for Gas and electricity. Ideally located within walking distance to Piedmont Ave shops and dining, BART, and adjacent to Adams Point, this is a well-positioned asset in one of Oakland’s most sought-after rental markets. A turnkey investment with immediate cash flow and long-term upside.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1957
Living Area
4,640 sq ft
Lot Size
0.11 acres
Days on Market
59
MLS® Listing#
41129995
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Laundry
Lot Features
Construction
Sewer
Water Source
Financial Details
HOA
None
Directions
on piedmont ave and croxton
Affordability Calculator
$325,000
Estimated monthly payment
$8,649/mo
Principal $1,300,000 · Est. interest $1,813,616 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Oakland, CA
- $719,626
- Median Listing Price
- 53
- Median Days on Market
- 1,482
- Median Sq Ft
- $469
- Median Price / Sq Ft
- 1,354
- Active Listings
- This home’s price is 126% above the area median.
- Its price per sq ft is 25% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Oakland, CA.
Location
Points of Interest in Oakland, CA
Showing the Oakland area map.
Nearby Schools
Snow White Pre-School
School · 0.2 mi away
Oakland Emiliano Zapata St Academy
School · 0.4 mi away
Street Academy Alternative
School · 0.4 mi away
Westlake Middle School
Secondary · 0.5 mi away
Agape Academy
School · 0.5 mi away
Duck's Nest Preschool
School · 0.5 mi away
Duck's Nest Preschool
School · 0.6 mi away
Grand Lake Montessori
Elementary · 0.6 mi away
Little Sea Turtle Learning Center
School · 0.6 mi away
Berkeley Rose Waldorf School
Elementary · 0.7 mi away
St. Paul's Episcopal School
Elementary · 0.7 mi away
Beach Elementary School
Elementary · 0.7 mi away
Saint Leo the Great Catholic School
School · 0.7 mi away
Piedmont Avenue Elementary School
Elementary · 0.7 mi away
Foster Elementary School
Elementary · 0.8 mi away
Oakland Unified School District
School · 0.8 mi away
Oakland Technical High School
Secondary · 0.8 mi away
Yu Ming Charter School
Elementary · 0.8 mi away
Hoover Elementary School
Elementary · 0.9 mi away
Bay Area Technology School
School · 0.9 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1662 14th Street, Oakland, CA | $1,149,000 | 6 | 4 | 1,900 |
| 3035 Logan St, Oakland, CA | $1,149,000 | 6 | — | 2,700 |
| 1662 14th Street, Oakland, CA | $1,149,000 | 6 | 4 | 1,900 |
| 3035 Logan St, Oakland, CA | $1,149,000 | — | — | — |
| 2207 E 21St St, Oakland, CA | $1,149,000 | 4 | 4 | 1,752 |
| 2207 E 21St St, Oakland, CA | $1,149,000 | 4 | 4 | 1,752 |
Moving Cost Estimate
EXIT Agents in Oakland
Listing Courtesy: COMPASS - 4156609955
Presented by: Willem Bos
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.