The 8 unit occupied multi-family apartment building is located at 1921 36th Ave in Oakland. The three-story wood-frame building was built in the 1940s and features a large backyard, laundry room, and on-site parking. The property was purchased with a combination of funds from LISC, First Republic Bank and the City of Oakland.
The existing tenants have rent control and are able to remain in place. As
units become available in these buildings; new tenants will have incomes at
or below 80% of the AMI, ensuring that these properties remain homes for
low- to moderate-income people