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.
Elementary School
7
/10
Lincoln Elementary School
225 11th St
Distance between this listing and this school0.95 miles
Public District Grades KG-5
Middle School
2
/10
Westlake Middle School
2629 Harrison St
Distance between this listing and this school0.29 miles
Public District Grades 6-8
High School
5
/10
Metwest High School
1100 3rd Ave
Distance between this listing and this school1.09 miles
Public District Grades 9-12
7
/10
Oakland Technical High School
4351 Broadway
Distance between this listing and this school1.47 miles
Public District Grades 9-12
Assigned Schools
7
/10
Lincoln Elementary School
225 11th St
Distance between this listing and this school0.95 miles
Public District Grades KG-5
Nearby Schools
6
/10
Cleveland Elementary School
745 Cleveland St
Distance between this listing and this school0.91 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
Assigned Schools
2
/10
Westlake Middle School
2629 Harrison St
Distance between this listing and this school0.29 miles
Public District Grades 6-8
Nearby Schools
9
/10
American Indian Public Charter School II
171 12th St
Distance between this listing and this school0.88 miles
Public Charter Grades KG-8
9
/10
Yu Ming Charter
321 10th St
Distance between this listing and this school1.02 miles
Public Charter Grades KG-8
Assigned Schools
5
/10
Metwest High School
1100 3rd Ave
Distance between this listing and this school1.09 miles
Public District Grades 9-12
7
/10
Oakland Technical High School
4351 Broadway
Distance between this listing and this school1.47 miles
Public District Grades 9-12
Nearby Schools
1
/10
Street Academy (Alternative)
417 29th St
Distance between this listing and this school0.60 miles
The neighbors living near this home have an average income of $53,642. The most common annual income of people living in Oakland, CA is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area 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.
Over 118 listings were sold over their listed price in September 2024 in Oakland, CA. In the same period over 40 listings were sold below the listed price and 19 listings were sold for the listed price. The inventory of homes for sale in Oakland, CA between August 2024 and September 2024 increased by 18%. In September 2024 median list price was $867,828 and the average listing age was 36 days.
From Rocket Homes Real Estate and based on county public records data.