ParkingAttached, Covered, Garage, Garage Door Opener, Inside Entrance
Attached Garage27 spaces
Year Built1962
HeatingNatural Gas, Wall Furnace
ViewCity, City Lights, Downtown, Lake, Panoramic
MLS #424061241
Lot Size0.27 Acres
StatusActive
About 301 Lenox Ave
301 Lenox Ave is a trophy 32-unit, value-add apartment community centrally located in Oaklands coveted Adams Point neighborhood. The property is being offered at an attractive basis of $188,594/unit & $284/SF with an in-place Cap Rate of 6.11%.Built in 1962, this 21,231 SF structure is situated on a 11,950 SF soft corner lot at the intersection of Lenox Ave & Van Buren Ave. The building is comprised of 32 sizable 1-bed, 1-bath units including 2 penthouse level units each of which feature their own private rooftop deck. Community amenities & features include: a secured gated entry, a passenger elevator, a large interior courtyard, a secured parking garage with 26 parking spaces & storages units, a separate single-car garage, 2 on-site, coin-operated laundry facilities & a community rooftop deck with pristine views of Lake Merritt & the Downtown Oakland skyline. The property has undergone significant capital improvements including: a new roof (2020), new dual pane windows throughout (2020), sewer lateral replacement/compliance (2019), a roof mounted solar photovoltaic system (2015). The property is also exempt from the City of Oaklands mandatory soft story retrofit ordinance. The property is surrounded by Oaklands most popular retail districts and is steps from Whole Foods.
Property Details
Property Features
Property Information:
Year Built: 1962
Stories: 4
Living Area: 21,231 SqFt
Listing Office:
Office Name: CBRE
Office Phone: (510) 874-1900
Listing Agent: Keith Manson, Zachary W Greenwood
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Cooktop, Electric Range, Freezer, Refrigerator
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Cleveland Elementary School
745 Cleveland St
Distance between this listing and this school0.91 miles
Public District Grades KG-5
7
/10
Lincoln Elementary School
225 11th St
Distance between this listing and this school0.94 miles
Public District Grades KG-5
8
/10
Beach Elementary School
100 Lake Ave
Distance between this listing and this school1.07 miles
Public District Grades KG-5
Nearby Schools
2
/10
Westlake Middle School
2629 Harrison St
Distance between this listing and this school0.28 miles
Public District Grades 6-8
7
/10
American Indian Public Charter II
171 12th St
Distance between this listing and this school0.88 miles
Public Charter Grades KG-8
6
/10
American Indian Public Charter
171 12th St
Distance between this listing and this school0.88 miles
Public Charter Grades 6-8
Nearby Schools
9
/10
American Indian Public High School
746 Grand Ave
Distance between this listing and this school0.49 miles
Public Charter Grades 9-12
1
/10
Street Academy (Alternative)
417 29th St
Distance between this listing and this school0.60 miles
Public District Grades 9-12
7
/10
Oakland School for the Arts
530 18th St
Distance between this listing and this school0.73 miles
The neighbors living near this home have an average income of $53,642. Most Oakland, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
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This home is located at 301 Lenox Ave in Oakland, CA and zip code 94610 in the Adams Point neighborhood. This 21,231 square foot home, which was built in 1962, sits on a 0.27 acre lot. Features: 32 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $6,035,000.
While more than 165 listings in Oakland, CA in October 2024 were sold above asking price, there were more than 30 listings sold at asking price, and more than 45 were sold below. The number of homes for sale in Oakland, CA increased by 9.9% between September 2024 and October 2024. Listings spent 33 days on the market in October 2024, and had a median list price of $860,714 during the same period.
From Rocket Homes Real Estate and based on county public records data.