Colliers is pleased to present 2501 7th Ave, situated in the vibrant Ivy Hill neighborhood, a highly sought-after area in Oakland. Nestled near the east shores of Lake Merritt, the property benefits from its proximity to downtown Oakland/Uptown, offering a diverse array of eateries and shopping options as wells as access to cultural institutions, including the Oakland Museum of California, Fox Theater, Paramount Theatre and more. 2501 7th Ave features a unit mix of (1) Studio, (12) 1-Bedroom/1-Bathroom, and (1) 2-Bedroom/1-Bathroom penthouse. The property offers convenient amenities, including an on-site laundry facility, generous tenant storage, and a parking garage with 8 spaces. This is an excellent opportunity for an owner/user or investor to acquire a well-located apartment building with a potential rental upside over 34%.