Virtú Investments Acquires 612 Mariposa in Oakland, California

Virtú Investments closed in January on its acquisition of 612 Mariposa, in Oakland, California.

612 Mariposa is a 50-unit multifamily building offering studio, one, two, and three bedroom apartments. The property is pet friendly and offers a variety of spacious floor plans. A courtyard and unit balconies provide community and private outdoor spaces.

612 Mariposa ranks high with a Walk Score of 85, and the nearby Piedmont District features popular local shopping and dining options, such as Fenton’s Creamery, Blue Bottle Coffee, The Wolf and more. Kaiser Permanente Medical Center & the Piedmont Ave retail corridor are less than half a mile from the property, all within walking, biking, or driving distance.

The property’s location offers tenants excellent access to San Francisco and the greater East Bay including Berkeley, Emeryville, and Walnut Creek. Downtown San Francisco is within 20 minutes via the Bay Bridge. The MacArthur BART Station is located 1.2 miles from 612 Mariposa Avenue and provides transportation to downtown San Francisco in 17 minutes.

About Virtú Investments

Virtú Investments is a multifamily real estate investment firm primarily engaged in the acquisition and management of apartment properties in the western United States. Since its founding in 1997, Virtú has acquired and operated 130+ properties, totaling over $3.7B in real estate. Virtú is focused on serving its investors with innovative tax-efficient solutions within the multifamily investment space. Virtú maintains a highly selective acquisitions practice and a fully integrated, in-house property management firm.