About this home

2742 Park Blvd presents a compelling opportunity to acquire an eight-unit apartment building in the heart of Oakland, consisting of (4) one-bedroom, one-bathroom units and (4) studio units. Situated on a 4,500 square-foot lot with 4,860 square feet of building area, the property offers an efficient unit mix well-suited to Oakland's strong renter demand. The location is a standout feature of this offering. Just moments from the shores of Lake Merritt, one of Oakland's most desirable and walkable amenities, and within easy reach of Laney College, providing a consistent pool of student and staff renters. The property's proximity to Downtown Oakland places tenants close to major employment centers, dining, and entertainment, while quick access to Interstate 580 offers outstanding regional connectivity throughout the East Bay and beyond. The investment appeal of 2742 Park Blvd is anchored by its unbeatable urban infill location and diversified renter base, spanning students, young professionals, and long-term Oakland residents. With strong underlying rental fundamentals and a unit mix tailored to today's renter preferences, this property represents an excellent opportunity for an investor seeking a stable, income-producing multifamily asset in one of the East Bay's most dynamic neighborhoods.

Facts and features

Schools

• Bella Vista Elementary School

  elementary · K-5 · 0.2 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 · 0.4 mi

• Cleveland Elementary School

  elementary · K-5 · 0.2 mi

  6

• Bayhill High School

  high · 9-12 · 0.6 mi

Price history

• Jul 31, 2026 · Listed$1,395,000

Where it is