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$3,080,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 185 15th St
General
- Price: $3,080,000
- Status: Active
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML82042473
- Updated: 4/10/2026
- Added to Site: 4 day(s) ago
Rooms
Other Rooms
- Laundry: Coin-Operated
Additional Information
- Security/Safety: None
Parking
- Parking Features: On Street
Location
- Area: Oakland Zip Code 94612
- County: Alameda
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Master Water, Separate Electric, Separate Gas
Structural Information
- Foundation: Concrete Perimeter
- Roof: Shingle
- Disability Access: None
- Square Feet: 8,259
- Year Built: 1954
Unit Information
Unit 1
- Square Feet: 550
- Bedrooms: 1
Unit 2
- Square Feet: 700
- Bedrooms: 2
Unit 3
- Square Feet: 450
Lot Features
- Minimum Lot Size: 4900
- Building Sites: 1
- Zoning: RM
Disclosures and Reports
- Restrictions: None
Listed by Marcus & Millichap, Eymon Binesh
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Schools
Schools serving 185 15th St
School District:Oakland Unified School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Oakland, CA 225 11th Street, Oakland, CA 94607 | K-5 | 0.2 mi |
Westlake Middle School 2629 Harrison St., Oakland, CA 94612 | 6-8 | 0.9 mi |
Oakland Technical High School 4351 BRd.way, Oakland, CA 94611 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 185 15th St
Date
Details
Price
Change
Source
4/10/2026
Listed
$3,080,000
-16.98%
MLS
8/08/2022
Sold
$3,710,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 185 15th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$59,018
—
$3,859,884
2%
2024
$59,018
-5%
$3,784,200
2%
2023
$61,830
191%
$3,710,000
334%
2022
$21,228
14%
$854,191
2%
2021
$18,610
1%
$837,444
—
2020
$18,437
11%
$834,834
3%
2019
$16,636
2%
$812,608
2%
2018
$16,263
8%
$796,676
2%
2017
$15,117
3%
$781,058
2%
2016
$14,716
1%
$765,746
2%
2015
$14,616
-4%
$754,248
2%
2014
$15,151
2%
$739,476
—
2013
$14,838
—
$736,135
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 185 15th St
185 15th St, Oakland, CA 94612 (MLS# ML82042473) is a Commercial Residential Facility property. 185 15th St is currently listed for $3,080,000 and was received on April 10, 2026. Want to learn more about 185 15th St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

