For Sale4d on market
15th St
Oakland, CA, 94612 • Downtown • Alameda County
$3,080,000
$373/sqft
3Beds
3Baths
8,259Sqft
0.11 acLot
1954Built
Market activity
Demand and pricing signals for this listing
99 views
People checking out this listing
4 saves
Buyers have saved this home
4 days on market
Just listed — act fast
$373/sqft
Price per square foot
About this home
Multi Family · Built 1954
Marcus & Millichap is pleased to present 185 15th Street, a 14-unit apartment community located just two blocks from Lake Merritt in the heart of Downtown Oakland. This well-located asset offers a strong value-add opportunity in one of Oaklands most desirable rental markets. The property has seen major capital improvements, including all new dual-pane windows, a completed seismic retrofit per city ordinance, and several renovated units. Additionally, six vacant units provide a clear path to renovate and lease at full market rents. With a prime location and meaningful upside, 185 15th Street is well-positioned for both immediate income growth and long-term appreciation.
Standout features identified
Our analysis highlights several renovated units and all new dual-pane windows as key attractions of this home.
Estimated monthly payment
Based on current rates
$19,569/month
Principal & Interest$15,463
Property Tax$3,080
Insurance$1,027
Down payment20% ($616,000)
3%50%
Est. 6.43% rate · 30yr fixed · $2,464,000 loan
Full calculator →At a glance
Key facts and listing details
TypeFive Or More Units, Residential Income
Year Built1954
HeatingGas
CoolingNone
ParkingCarport
Days on Zillow4 Days
Price/sqft$373
Property
Home typeMulti Family
Sub-typeFive Or More Units, Residential Income
Year built1954
Systems
HeatingGas
CoolingNone
RoofShingle
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Street
Lot4,900 sqft
Location & Tax
NeighborhoodDowntown
ZoningRM
Parcel0080628002
Features & details
7 categories of property features
Interior Features
Heating
Gas
Cooling
None
Laundry
Coin Operated
Accessibility
None
Exterior Features
Parking
On Street
Utilities
Public Utilities
Water Public
Gas
PublicUtilities
Listing insights
Market data and value estimates
StatusFor Sale
Days on market4
Tax rate1.22%
Price/sqft$373
On marketApr 10, 2026
PostedApr 10, 2026
MLS updatedApr 10, 2026
Tour days9
Views99
Favorites4
How are the schools in Oakland?
3 schools rated nearby
Location
Oakland, CA, 94612
Price history
1 event
DateEventPrice$/sqftSource
Apr 10, 2026Listed For Sale$3,080,000$373MLSListings Inc
Listed For Sale$3,080,000
Apr 10, 2026•$373/sqft•MLSListings Inc
Nearby homes
Neighborhood details
Local context around this listing
Oakland, CA • Alameda County
Nearby neighborhoods
Adams PointBushrodCleveland HeightsClintonColiseum IndustrialHavenscourtLongfellowMillsmontPiedmont AvenuePrescott
Nearby cities
AlamedaBerkeleyDublinFremontHaywardLivermoreOaklandPleasanton
Nearby zip codes
94601946029460394605946069460894610946119462194704
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Based on information from the MLSListings MLS as of 2026-04-14 18:54:04 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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