2327-2329 San Pablo Ave - Apartments FOR SALE


Oakland, CA 94612- West Oakland
$1,395,000 USD
510-255-2248
2327-2329 San Pablo Ave, Oakland, CA for Sale
$1,395,000 USD
Apartments - FOR SALE
1/23
null | 8.3% Cap Rate

2327-2329 San Pablo Ave
Oakland, CA 94612
West Oakland


HIGHLIGHTS

  • Seller Financing Available
  • 6.5% Interest-Only Financing, No Points
  • Motivated Seller - 22 SRO Units and 1 Retail Unit
  • Property Delivered Vacant
  • Newer Dual-Pane Windows Throughout | New Roof Coating | Remodeled Bathrooms
  • Significant Structural Stabilization in Rear and Ground Floor Retail

OVERVIEW

Qualified investors are offered the rare opportunity to purchase or master lease 2327 San Pablo Avenue in Oakland, California. This fully renovated commercial property includes 22 single-room occupancy (SRO) units and one large retail space, making it an ideal asset for both local and regional investors seeking long-term income and value growth in a high-demand market. Extensive recent upgrades include new dual-pane windows, roof coating, major structural stabilization, remodeled bathrooms, a full fire sprinkler system with fire doors and a fire escape, upgraded copper plumbing with pressure relief valves, sewer lateral compliance, keyless entry hardware throughout, new LED lighting, modern heaters, and CAT6 and coaxial data lines installed in every unit. Seller financing is available at 6.5% interest-only with no points, providing attractive terms and lowering upfront costs for qualified buyers. Alternatively, a master lease structure is available, offering operational control without full acquisition. With a motivated seller and a turnkey asset in a strategic Oakland corridor, 2327 San Pablo Avenue presents a compelling opportunity to secure a stabilized, income-generating property with substantial capital improvements and strong upside potential. Disclosures: https://app.disclosures.io/link/2327-San-Pablo-Avenue-prc8vxe0 Virtual Tours: • 3rd Floor: https://my.matterport.com/show/?m=tM1AWdkAYct • Unit 300: https://my.matterport.com/show/?m=MkNsDyBxuQc • Unit 301: https://my.matterport.com/show/?m=KB53QjWUHWa • Unit 302: https://my.matterport.com/show/?m=KidYcBycpij OFFERS DUE: Offers will be reviewed upon receipt. Submit Offers Here: https://app.disclosures.io/link/2327-San-Pablo-Avenue-prc8vxe0

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$81 USD /SF

# OF UNITS

23

PRICE/UNIT

$60,652

CAP RATE

8.3%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Seller Financing Available?|?$60K Per Unit

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1895

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

C-35, Oakland

APN/PARCEL ID

003-0021-006-00

ASK ABOUT THIS PROPERTY

Stephen PagonesCPG | Commercial Property GroupMore Info
510-255-2248

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Stephen PagonesCPG | Commercial Property GroupMore Info
510-255-2248

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.