185 15th Street Oakland, CA $ 3,080,000
185 15th Street
$ 3,080,000
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185 15th Street

Oakland, CA, 94612
$ 3,080,000
Bedrooms-- Baths-- Sq 8,259

Monthly Estimate*

$ 18,964

Listed by Marcus & Millichap
185 15th Street, Oakland, CA 94612 - Image 1
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Commercial Property for sale in Oakland, CA

for $3,080,000. This 8,259 square foot building was built in 1954 on a lot size of 0.1125.

Marcus & Millichap is pleased to present 185 15th Street, a 14-unit apartment community located just two blocks from Lake Merritt in the heart of Downtown Oakland. This well-located asset offers a strong value-add opportunity in one of Oaklands most desirable rental markets. The property has seen major capital improvements, including all new dual-pane windows, a completed seismic retrofit per city ordinance, and several renovated units. Additionally, six vacant units provide a clear path to renovate and lease at full market rents. With a prime location and meaningful upside, 185 15th Street is well-positioned for both immediate income growth and long-term appreciation.

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Commercial Active

Price

$ 3,080,000

Property Type

Commercial

Taxes

$ 39,359

Style

Lot Size

0.1125

Year Built

1954

Town/City

Oakland

County/Region

Alameda

MLS | Web ID

ML82042473

Days on Market

5

Features
General
Cooling None
Roof Shingle
Zoning RM
HOA Fee 0
Year Built 1954
County Alameda
Insurance Expense 10318
Property Type Commercial Sale
MaintenanceExpense 7000
Special Listing Conditions Standard
Status Active
City Oakland
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 4900
Carport Spaces 0
Tax Annual Amount 39359
Trash Expense 7200
Standard Status Active
Year Built Source Other
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Interior
Air Conditioning Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 0
Lot Size Area 4900
Number of Buildings 1
Building Area Total 8259
Lot Size Acres 0.1125
Lot Size Source Assessor
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* Excluded Features
List By
Marcus & Millichap

Broker

ebinesh@marcusmillichap.com

Email

Affordability Calculator

$22,244
Per Month
85%
15%
0%
Monthly Principal & Interest
$18,964
Monthly Property Taxes
$3,280
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4/10/2026$3,080,000 Listed Price

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185 15th Street, Oakland, CA, 94612 is a Commercial Property for sale at $3,080,000 with 8,259 sqft and a lot size of 0.1125. 185 15th Street was built in 1954. The property's zip code is 94612 which is in Oakland, CA