Value Add Opportunity Centrally Located Near Highland Hospital & San Francisco Bay Area
$1,350,000
3203 14th Avenue, Piedmont, CA 94602
For Sale
Multifamily
Active
Last Updated: 01/29/2026
6.71
Cap Rate
90,647
NOI
Details:
Cap Rate: 6.71%
NOI: $90,647
Building Size: 6,422 sqft
Lot Area: 5,600 sqft
Occupancy: 90%
Units: 9
Year Built: 1956
Floors: 3
Parking Spots: 8
Year Last Renovated: 2024, 2025
Highlights:
- Listed at a 6.7% Cap Rate with a solid upside in rents.
- GRM - Gross Rent Multiplier: 8.88
- Located next to Highland Hospital in Oakland.
- 11 miles to downtown San Francisco
- Easy access to Highway 580 on/off ramps
- Value add opportunity
Description:
AiCRE Partners is pleased to exclusively offer for sale a compelling value-add multifamily investment opportunity in the heart of Oakland’s East Bay, strategically positioned adjacent to Highland Hospital and minutes from Downtown Oakland. The property benefits from excellent central location fundamentals, offering convenient
access to major employment centers, public transit, and regional connectivity, including a short commute across the Bay Bridge to San Francisco. The surrounding area is characterized by dense residential neighborhoods, strong renter demand, and proximity to major medical, institutional, and urban employment drivers that
support long-term housing stability.
Documents:
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3203_14th_Ave_OM_Finalized.pdf
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* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
