31 Croxton Ave, Oakland, CA 94611

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$1,625,000

bedrooms

bathrooms

square feet

4,640

Acreage

Open Houses

year built

1957

Full Baths

Half Baths

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31 Croxton Ave is an eight-unit multifamily property located in Oakland’s highly desirable Piedmont Avenue neighborhood. The building features eight large 1-bedroom, 1-bath units and currently generates over $13,000/month in rental income, offering a 6.44% cap rate and 9.81 GRM at the asking price of $1,625,000. This equates to approximately $203,000 per unit and $350/SF. The property offers strong upside potential through unit renovations and future rent increases. Buyer to verify potential to reconfigure units or add bedrooms. The building is soft-story compliant and has completed SB 721 balcony requirements. Also is separately metered for Gas and electricity. Ideally located within walking distance to Piedmont Ave shops and dining, BART, and adjacent to Adams Point, this is a well-positioned asset in one of Oakland’s most sought-after rental markets. A turnkey investment with immediate cash flow and long-term upside.

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Open houses

None scheduled.

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MLS number: -

Listing agent: Willem Bos

Listing broker: Compass

Last update: Monday, October 12 2026 at 2:06 a.m. EDT

Compass Broker