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$2,600,000
426155250 MLS
The Markchow Group is pleased to present 3732-3744 Grand Avenue, a 15-unit mixed-use investment property on one of Oakland's most walkable, most established commercial corridors. Nine residential units sit above six ground-floor storefronts just steps from the shore of Lake Merritt, the historic Grand Lake Theater, and the beloved Saturday Grand Lake Farmers Market the kind of address that keeps both tenants and retail traffic coming back, and the kind of demand driver that shows up directly in the numbers below. 7% Actual Cap - The upside is immediate and documented: one vacant commercial space is ready for lease-up at rents supported by leases recently signed within the building itself on Grand Avenue's own retail corridor, where commercial tenants have consistently renewed at the terms this pro forma assumes. Layering in that lease-up alone brings net operating income to $187,860, a 7.23% pro forma cap rate and 9.6x gross rent multiplier at asking. Beyond the vacant units, long-term residential tenancies dating back more than a decade sit well below current market rents a below-market gap that converts to value at turnover under California's vacancy decontrol provisions, in a neighborhood where rents have consistently kept pace with the corridor's popularity. For a leveraged buyer, illustrative underwriting (65% LTV, 6.75% fixed) points to a stabilized debt yield above 11% and a five-year levered return in the mid-teens IRR, before crediting any of that loss-to-lease upside. What makes the opportunity work is how tightly the location and the financials reinforce each other. This isn't a commodity income stream propped up by a single national tenant or a single asset class it's nine residential units and six commercial storefronts, diversified by design, anchored to a corridor with structural, multi-generational demand from Grand Lake, Adams Point, and Piedmont-adjacent renters and shoppers alike, and an I-580 commute corridor that keeps the neighborhood filled. At $173,333 per unit, on a corridor where comparable product rarely trades, 3732-3744 Grand Avenue offers a rare combination: a defensible location and a pro forma that gets there without relying on speculative rent growth.

3732 Grand Avenue, Oakland

Listing courtesy of Mark R Chow, from Compass
(If provided) CoList: from

$1,189,000
3 Beds 3 Baths BE41145010 MLS
Set in Oakland's coveted Crocker Highlands neighborhood, this beautifully updated Mid-Century residence offers an ideal balance of architectural character and modern comfort. Bright, open living spaces filled with natural light create an inviting atmosphere, while the spacious living room, anchored by a handsome fireplace, serves as the heart of the home for both everyday living and effortless entertaining. The updated kitchen features quartz countertops, stainless steel appliances, abundant cabinetry, and generous workspace for everything from weeknight dinners to weekend gatherings. Fresh hardwood floors and tasteful finishes throughout enhance the home's warm, modern aesthetic. The spacious primary suite offers a peaceful retreat, complemented by a beautifully renovated hall bathroom and well-appointed secondary bedroom. The lower level expands the home's versatility with a third bedroom, full bathroom, and additional flex space with its own exterior French doors. Whether envisioned as a home office, media room, guest retreat, fitness studio, playroom, or a combination of uses, this additional space provides flexibility to evolve with the way you live. Outside, private rear gardens offer the perfect balance of patios, lawn, and landscaped greenery, creating an ideal setting

824 Santa Ray Ave., Oakland

Listing courtesy of Na'im McGee, (510) 755-0060 from Cush Real Estate
(If provided) CoList: David Higgins from Cush Real Estate

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