260 Park View Ter
- Desirable Adams Point Location
- Qualifies for Residential Financing
- Private Garages
- Benefits from the Mill's Act Tax Reduction of approximately 50%
Property Description
Discover a rare opportunity to own a piece of Oakland's history at 260 Park View Terrace. Situated in the sought-after Adams Point neighborhood, this character-rich 1906 multifamily property offers four units plus one bonus unit across 3,322 SF. Whether you're an owner-occupier looking to live in one unit while generating rental income from the rest, or an investor looking to expand your portfolio, this asset offers exceptional versatility. The property's classic architecture and timeless appeal set it apart in a market where character is increasingly rare. Steps from the scenic shores of Lake Merritt and immersed in one of Oakland's most vibrant and walkable neighborhoods, the location speaks for itself. Residents enjoy easy access to dining, parks, transit, restaurants, shopping, and the energy of a truly thriving urban community. The spacious 4-bedroom unit will be delivered vacant at the Close of Escrow, offering immediate flexibility, move in, renovate, or lease at market rate from day one.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,988,000 |
| No. of Units: | 5 |
| Average Occupancy: | 5.74 |
| Year Built: | 1906 |
| Lot Size: | 0.14 Acres |
| Opportunity Zone: | No |
| Price per unit: | $397,600 |
| Property Website | Click Here |
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