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Multi-Family: MLS #41114616 Oakland, CA $ 3,600,000
Multi-Family: MLS #41114616
$ 3,600,000
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Multi-Family: MLS #41114616

Oakland, CA, 94610
$ 3,600,000
Baths0.0

Monthly Estimate*

$ 22,459

Listed by NAI Northern California
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Multi-Family Home for sale in Oakland, CA

for $3,600,000. This home was built in 1942 on a lot size of 0.2009.

We are pleased to present 251 Park View Terrace, a rare, early 40's construction property located just steps from Lake Merritt featuring 18 spacious units. The property boasts Deco architecture, original hardwood floors, 1:1 garaged parking, laundry, secure entry and large windows providing abundant natural light and views. Located on a tree-lined street, the property offers convenience with proximity to Lake Merritt, 19th Street BART, and Whole Foods. With the potential for lease-up at market rents and optional seller financing available, this is a unique chance to reposition the asset and achieve outstanding returns. 251 Park View Terrace is situated in of Oakland’s most sought-after neighborhoods, Adam’s Point, offering easy access to Lake Merritt, downtown Oakland, 19th BART and Whole Foods. Tucked away on quiet tree lined street, residents enjoy close proximity to all of the vibrant amenities and dining options along Grand Ave, along with a peaceful setting in the building. With it’s blend of Lake Merritt proximity, neighborhood charm and an assortment of local businesses nearby, 251 Park View Terrace presents a unique opportunity to purchase in desirable location in the Oakland apartment market.

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Multi-Family Active

Price

$ 3,600,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2009

Year Built

1942

Town/City

Oakland

County/Region

Alameda

MLS | Web ID

41114616

Days on Market

54

Features
General
Cooling None
HOA Fee 0
Year Built 1942
County Alameda
Property Type Residential Income
Subdivision Name GRAND LAKE
Status Active
Directions Grand Ave to Park View Cross Street: Montecito.
City Oakland
Number Of Units Total 18
Lot Size Units Square Feet
Lot Size Square Feet 8750
Standard Status Active
Expected Active Date 2025-10-22
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Total Baths 0
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Exterior
Lot Features Corner Lot
Total Parking 18
Lot Size Area 8750
Lot Size Acres 0.2009
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* Excluded Features
List By
Nai Northern California

Broker

teamchappell@nainorcal.com

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$22,459
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Monthly Principal & Interest
$22,459
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/26/2025$3,600,000 Listed Price

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