$3,600,000

Estimated payment $22,480/month

-- Bed
-- Bath
16,014 Sq Ft
$225 Price per Sq Ft

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.

Listing Agent

Grant Chappell

Nai Northern California License #01700439 Listed on: 10/22/2025

Nai Northern California

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Year Built: 1942
  • Property Sub Type: 5 or More Units
  • Prop. Type: Commercial Sale
  • Subdivision Name: Grand Lake
  • Directions: Grand Ave to Park View
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood

Exterior Features

  • Roof: Bitumen
  • Lot Features: Corner Lot

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heating: Steam
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 8750
  • Parcel Number: 107701

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: bridgeMLS

MLS Number: 41114616

bridgeMLS