Estimated payment $22,480/month
Highlights
- Wood Flooring
- Corner Lot
- Garage
- Lincoln Elementary School Rated 10
- No HOA
- Heating System Uses Steam
About This Home
We are pleased to present 251 Park View Terrace, a rare, early 40's construction property located just steps from Lake Merritt featuring 18 spacious units. The property boasts Deco architecture, original hardwood floors, 1:1 garaged parking, laundry, secure entry and large windows providing abundant natural light and views. Located on a tree-lined street, the property offers convenience with proximity to Lake Merritt, 19th Street BART, and Whole Foods. With the potential for lease-up at market rents and optional seller financing available, this is a unique chance to reposition the asset and achieve outstanding returns. 251 Park View Terrace is situated in of Oakland’s most sought-after neighborhoods, Adam’s Point, offering easy access to Lake Merritt, downtown Oakland, 19th BART and Whole Foods. Tucked away on quiet tree lined street, residents enjoy close proximity to all of the vibrant amenities and dining options along Grand Ave, along with a peaceful setting in the building. With it’s blend of Lake Merritt proximity, neighborhood charm and an assortment of local businesses nearby, 251 Park View Terrace presents a unique opportunity to purchase in desirable location in the Oakland apartment market.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1942
Lot Details
- 8,750 Sq Ft Lot
- Corner Lot
Parking
- Garage
Home Design
- Bitumen Roof
Flooring
- Wood Flooring
Utilities
- No Cooling
- Heating System Uses Steam
Community Details
- No Home Owners Association
- Grand Lake Subdivision
Listing and Financial Details
- Assessor Parcel Number 107701
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | For Sale | $3,600,000 | -- | $225 / Sq Ft |
Source: bridgeMLS
MLS Number: 41114616
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