31 Croxton Ave is an eight-unit multifamily property located in Oakland’s highly desirable Piedmont Avenue neighborhood. The building features eight large 1-bedroom, 1-bath units and currently generates over $13,000/month in rental income, offering a 6.44% cap rate and 9.81 GRM at the asking price of $1,625,000. This equates to approximately $203,000 per unit and $350/SF. The property offers strong upside potential through unit renovations and future rent increases. Buyer to verify potential to reconfigure units or add bedrooms. The building is soft-story compliant and has completed SB 721 balcony requirements. Also is separately metered for Gas and electricity. Ideally located within walking distance to Piedmont Ave shops and dining, BART, and adjacent to Adams Point, this is a well-positioned asset in one of Oakland’s most sought-after rental markets. A turnkey investment with immediate cash flow and long-term upside.
Details
MLS #
41129995
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1957
Days On Site
137
Listing Provided By
COMPASS | Willem Bos
Features
Units
8
Acreage
0.11
Interior
Cooling
None
Heating
Natural Gas
Heating Yes / No
Yes
Cooling Yes / No
Yes
Appliances
Gas Water Heater, Dryer, Washer
Exterior
Construction Materials
Stucco
Area Information
State
CA
County
Alameda
City
Oakland
Zip Code
94611
Community Name
ADAMS POINT
Listing VS Median (in ADAMS POINT)
Price: $1,625,000
low | high
Med: $307,000
100% of Average
On site: 137
low | high
Med: 26
100% of Average
Sourced by Back At You
Market Activity 94611
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 18
Avg $ Per SqFt: $854.59
Min Sale Price: $40,000
Max Sale Price: $3,800,000
Med Sale Price: $1,340,000
Date: Jun 2026
Sales: 21
Avg $ Per SqFt: $712.96
Min Sale Price: $410,000
Max Sale Price: $4,430,692
Med Sale Price: $1,310,000
Date: May 2026
Sales: 38
Avg $ Per SqFt: $872.89
Min Sale Price: $125,000
Max Sale Price: $5,900,000
Med Sale Price: $1,725,000
Date: Apr 2026
Sales: 47
Avg $ Per SqFt: $795.76
Min Sale Price: $278,000
Max Sale Price: $6,500,000
Med Sale Price: $1,550,000
Date: Mar 2026
Sales: 51
Avg $ Per SqFt: $790.85
Min Sale Price: $15,000
Max Sale Price: $4,387,500
Med Sale Price: $1,425,000
Date: Feb 2026
Sales: 36
Avg $ Per SqFt: $932.28
Min Sale Price: $279,000
Max Sale Price: $31,250,000
Med Sale Price: $1,500,500
Date: Jan 2026
Sales: 15
Avg $ Per SqFt: $651.18
Min Sale Price: $300,000
Max Sale Price: $3,000,000
Med Sale Price: $1,500,000
Date: Dec 2025
Sales: 2
Avg $ Per SqFt: $533.38
Min Sale Price: $1,146,350
Max Sale Price: $2,150,000
Med Sale Price: $1,648,175
Date: Oct 2025
Sales: 1
Avg $ Per SqFt: $
Min Sale Price: $1,320,000
Max Sale Price: $1,320,000
Med Sale Price: $1,320,000
Date: Sep 2025
Sales: 2
Avg $ Per SqFt: $442.5
Min Sale Price: $429,000
Max Sale Price: $1,515,000
Med Sale Price: $972,000
Date: Aug 2025
Sales: 2
Avg $ Per SqFt: $488
Min Sale Price: $399,000
Max Sale Price: $950,000
Med Sale Price: $674,500
Sourced by Back At You
Jul 2026
Sales:
18
Avg $ Per SqFt:
$854.59
Min Sale Price:
$40,000
Max Sale Price:
$3,800,000
Med Sale Price:
$1,340,000
Jun 2026
Sales:
21
Avg $ Per SqFt:
$712.96
Min Sale Price:
$410,000
Max Sale Price:
$4,430,692
Med Sale Price:
$1,310,000
May 2026
Sales:
38
Avg $ Per SqFt:
$872.89
Min Sale Price:
$125,000
Max Sale Price:
$5,900,000
Med Sale Price:
$1,725,000
Apr 2026
Sales:
47
Avg $ Per SqFt:
$795.76
Min Sale Price:
$278,000
Max Sale Price:
$6,500,000
Med Sale Price:
$1,550,000
Mar 2026
Sales:
51
Avg $ Per SqFt:
$790.85
Min Sale Price:
$15,000
Max Sale Price:
$4,387,500
Med Sale Price:
$1,425,000
Feb 2026
Sales:
36
Avg $ Per SqFt:
$932.28
Min Sale Price:
$279,000
Max Sale Price:
$31,250,000
Med Sale Price:
$1,500,500
Jan 2026
Sales:
15
Avg $ Per SqFt:
$651.18
Min Sale Price:
$300,000
Max Sale Price:
$3,000,000
Med Sale Price:
$1,500,000
Dec 2025
Sales:
2
Avg $ Per SqFt:
$533.38
Min Sale Price:
$1,146,350
Max Sale Price:
$2,150,000
Med Sale Price:
$1,648,175
Oct 2025
Sales:
1
Avg $ Per SqFt:
$
Min Sale Price:
$1,320,000
Max Sale Price:
$1,320,000
Med Sale Price:
$1,320,000
Sep 2025
Sales:
2
Avg $ Per SqFt:
$442.5
Min Sale Price:
$429,000
Max Sale Price:
$1,515,000
Med Sale Price:
$972,000
Aug 2025
Sales:
2
Avg $ Per SqFt:
$488
Min Sale Price:
$399,000
Max Sale Price:
$950,000
Med Sale Price:
$674,500
MLS Number: 41129995
Willem Bos – willem@bosgroupcre.com
COMPASS – (415) 660-9955 – kathy@compass.com
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