$7,400,000 SALE
Multi-Family
20,507 SF
138 Monte Cresta Ave.
Oakland, CA 94611 Trophy 30 Unit Corner Building



138 Monte Cresta is a fantastic 30 unit trophy corner apartment building excellently located off Piedmont Ave. in Oakland, CA. The property consists of 14 one bedroom units and 16 studio apartments. All units except two have been renovated and the majority have updated kitchens and bathrooms. Most units have excellent natural light and ample closet/storage space. There is one stack of studios that are all electric powered, otherwise, the units have gas stoves, and are separately metered for gas and electricity. There are dishwashers in all units and a laundry room with 3 washers and 3 dryers, all coin operated. The building boasts a lush entry walkway, a lovely lobby, and a huge, beautiful park-like side yard with sitting areas for tenants to enjoy the surrounding tree grove. This corner property has two garages with 13 parking spaces in the upper garage and 8 car parking in the lower garage, totaling 21 parking spaces. Owner provides steam heat.


Property Type Multi-Family
Property Use Rental or Investment
Listing ID MDSQS6
MLS ID 424051499
Style Multi-Family (5-20 Units)
Building Size 20,507 SF
Lot Size 14500 AC

Property Highlights

Great Piedmont Avenue Neighborhood Location! 30 Apartment Units Total 14 One Bedroom Apartments 16 Studio Apartments 21 Car Garage Parking Intercom System Dishwashers Laundry Room Security Cameras & Security Fence Owner Storage Room Includes Adjacent Park-like Parcel with Stunning Grounds & Lush Landscaping Solar-Powered Common Area Electricity Separately Metered for Gas & Electricity Owner Provides Steam Heat

Area Description

Area Description: 138 Monte Cresta is a well located corner building in the Piedmont Avenue neighborhood of Oakland. The property is a Walker’s Paradise with a Walk Score of 93 out of 100, meaning daily errands do not require a car. The area is well known for its long avenue boasting a lively restaurant scene, well-frequented shops, and numerous entertainment options. Choices range from 1894-founded Fentons Creamery, the Michelin-starred Commis Restaurant, and Oakland’s longest-running cinema, the Piedmont Theatre. Nearby parks include Glen Echo Creek Parklet, Linda Park, and Morcom Amphitheatre of Roses. Despite a dense urban environment, Piedmont Avenue maintains a small-town feel, making it an ideal location to live and commute via easily accessible public transportation. There is easy access to Highway 24, 580, 880, and 80 and it is just over a mile to MacArthur BART station.

Region: Piedmont Ave.

Additional Media