8-Units | Piedmont Avenue

Piedmont Avenue in Oakland, California, is a lively and eclectic neighborhood that seamlessly blends urban energy with a warm, small-town vibe. Located in the heart of Oakland, this dynamic street is lined with an array of independent boutiques, stylish cafes, and gourmet restaurants, offering something for both locals and visitors alike. Whether you're taking a leisurely stroll down tree-lined sidewalks or uncovering hidden gems in its charming corners, Piedmont Avenue provides a shopping and dining experience that mirrors Oakland's diverse and creative spirit. For food enthusiasts, Piedmont Avenue is a culinary haven. The street boasts a wide variety of dining options, from upscale restaurants to cozy coffee shops and artisanal bakeries. You can indulge in an array of cuisines, ranging from classic American fare to exciting international flavors—all within a few blocks. The area’s vibrant food scene is further enhanced by wine bars and craft breweries, making Piedmont Avenue an ideal spot for a relaxed meal or a fun night out with friends. Beyond its culinary offerings, Piedmont Avenue is a cultural hub. The neighborhood is home to historic landmarks like the iconic Piedmont Theatre, one of Oakland’s oldest movie theaters, adding a nostalgic charm to the area. Art lovers can explore local galleries showcasing the work of both emerging and established artists, while seasonal festivals and community events bring a lively, inclusive atmosphere. With its rich blend of culture, cuisine, and community spirit, Piedmont Avenue isn’t just a street—it’s a vibrant destination that captures the heart and soul of Oakland. Walk Score – 96 Transit Score – 53 Bike Score – 61Located in the highly sought-after Piedmont Avenue neighborhood, 206 Mather St offers a standout investment opportunity in one of Oakland's most vibrant and in-demand areas. The property consists of eight 1-bedroom, 1-bath units, providing a total of 4,576 square feet of living space on a generous 7,600 square foot lot. Its prime location offers easy access to the neighborhood’s trendy restaurants, eclectic boutiques, and cultural attractions, making it an attractive choice for tenants who value both convenience and modern amenities. Built in the 1960s, the property combines classic architectural charm with substantial potential for value enhancement. From a financial perspective, this property is a strong performer, currently generating nearly $15,000 in monthly rental income. Four of the units have been updated, while the remaining units offer over 100% upside in gross rents. The high tenant demand in this thriving neighborhood—driven by its renowned dining spots, unique shops, and cultural landmarks—ensures steady rental income and strong potential for long-term appreciation. Additionally, the property has undergone a voluntary seismic retrofit and includes eight garages, along with ADU plans, further boosting its investment appeal. This is an exceptional opportunity for investors seeking reliable cash flow, significant upside potential, and the chance to capitalize on the continued growth of one of Oakland’s most desirable neighborhoods.