Exceptional pride of ownership shines throughout this well-maintained 5-unit apartment property, offering a rare combination of stable income, upside potential, and turnkey flexibility. The building features three occupied units providing consistent cash flow, along with two beautifully remodeled and fully furnished vacant units that are ready for immediate occupancy or continued operation as short-term rentals. The furnished units have demonstrated strong Airbnb income potential, creating an attractive opportunity for investors seeking to maximize returns through a blend of traditional and short-term rental strategies. Thoughtful renovations, modern finishes, and turnkey furnishings make these units especially appealing to traveling professionals, medical staff, and visitors seeking extended-stay accommodations. Additional income-producing amenities include shared coin-operated laundry, while four private garages and four additional off-street parking spaces provide a valuable convenience rarely found in Oakland multifamily properties. The property's excellent condition reflects years of careful ownership and stewardship, minimizing deferred maintenance concerns and allowing a new owner to focus on growth and income generation. Ideally situated near shopping, dining, public transportation, and Oakland's vibrant cultural amenities, this property benefits from strong tenant demand and long-term rental stability. Whether you're seeking a cash-flowing asset, a value-add opportunity, or a multifamily property with proven short-term rental performance, this exceptional investment offers the best of all worlds.
Listed by Gabriel J. Galiothe
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License #01941289
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Compass
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3876820
Last updated June 01, 2026
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Source: SFAR #426120520
Listing Facts
TypeMulti-family
NeighborhoodIvy Hill
Days on Prevu67
Size4,022 sqft
Price per sqft$322
Amenities
Private Outdoor Space
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
05/30/2026
Status changed to Active
$1,295,000
04/13/2026
Status changed to Temporarily Off Market
$1,295,000
04/10/2026
Listed by Compass
$1,295,000
Property Details for 3206 Park Boulevard
Exterior
Construction
Number Of Units Total: 5
Property Condition: Varies By Unit
Roof: Tar/Gravel
Window Features: Dual Pane Full
Construction Materials: Stucco
Features
Patio And Porch Features: Enclosed Patio
Measurements
Lot Features: Curb(s), Sidewalk
Lot Size Acres: 0.10
Lot Size Source: Assessor Agent-Fill
Lot Size Square Feet: 4,360
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 10.43
Taxes
Parcel Number: 023039503901
Interior
Features
Appliances: ENERGY STAR Qualified Appliances, Free Standing Electric Range, Free Standing Refrigerator, Gas Water Heater
Flooring: Varies By Unit, Wood
Interior Features: Formal Entry
Measurements
Living Area: 4,022
Living Area Source: Assessor Agent-Fill
Rooms
Basement: Partial
Rooms Total: 20
Other
Environmental
Green Energy Efficient: Appliances
Features
Accessibility Features: Accessible Full Bath
Parking
Parking
Carport Spaces: 4
Covered Spaces: 4
Parking Features: Carport, Garage
Parking Total: 8
Utilities
Equipment
Heating: Varies By Unit, Wall Furnace
Laundry Features: Coin Operated, In Common Area
Other Equipment: Varies By Unit
Utilities: Cable Connected, Electric, Natural Gas Connected
Water Source: Meter Available
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 3206 Park Boulevard.
Does this multi-family home have parking?
Yes, there are 8 parking spaces available for 3206 Park Boulevard.
How does 3206 Park Boulevard compare to other multi-family homes in Ivy Hill?
This multi-family home is listed 48% below the average price for multi-family homes in Ivy Hill and has been on the market for 37 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 4,022 sqft.
3206 Park Boulevard is a -bedroom multi-family home for sale in Oakland CA 94610. On Prevu for 67 days at $1,295,000. This property features 4,022 square feet of living space, located in Oakland. The median listing price for multi-family homes in this area is $949,000. The home offers private outdoor space, pets allowed, and parking. View other multi-family home listings in Oakland.
Based on information from San Francisco Association of REALTORS® and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.