About this home

10 apartments at 2605 9th Avenue (Ivy Square Apartments), a two-story building built in 1964 with about 7,171 SF of net rentable area on about 0.17 acres: 4 one-bedrooms, 5 two-bedrooms and a two-bath, three-bedroom unit of about 1,222 SF. Gated tuck-under parking for 10 cars and an on-site laundry room. Sewer lateral replaced in 2018 and certified by EBMUD through 2038. Market rents run about 8% above in-place rents. In Oakland's Ivy Hill neighborhood east of Lake Merritt, near Park Boulevard Plaza, FM Smith Park and Highland Hospital, with quick I-580 access. 6.93% current cap; 6.40% pro forma cap. Motivated ownership: all offers reviewed; Q4 2026 close preferred.

Facts and features

Schools

• Bella Vista Elementary School

  elementary · K-5 · 0.1 mi

  4

• Oakland High School

  high · 9-12 · 0.3 mi

  4

• Edna Brewer Middle School

  middle · 6-8 · 0.6 mi

  8

• Williams Academy

  high · 9-12 · 0.5 mi

• Cleveland Elementary School

  elementary · K-5 · 0.3 mi

  6

• Franklin Elementary School

  elementary · K-5 · 0.7 mi

  7

Price history

• Oct 20, 2026 · Listed$2,598,000
• Aug 24, 2018 · Sold$1,600,000
• Mar 6, 2018 · Listed$1,999,000
• Oct 5, 2004 · Sold$1,150,000
• Oct 14, 1999 · Sold$575,000
• Jun 29, 1989 · Sold$228,500

Tax history

• 2025$31,901 tax · $1,650,000 assessed
• 2024$30,512 tax · $1,782,345 assessed
• 2023$31,700 tax · $1,713,144 assessed
• 2022$30,642 tax · $1,679,558 assessed
• 2021$29,680 tax · $1,646,628 assessed
• 2020$27,735 tax · $1,629,756 assessed
• 2019$26,115 tax · $1,597,800 assessed
• 2018$22,927 tax · $1,374,660 assessed

Where it is