2401 San Pablo Ave - Apartments FOR SALE


Oakland, CA 94612- West Oakland
$1,700,000 USD
916-698-9954
2401 San Pablo Ave, Oakland, CA for Sale
$1,700,000 USD
Apartments - FOR SALE
1/32
null | 7.1% Cap Rate

2401 San Pablo Ave
Oakland, CA 94612
West Oakland


HIGHLIGHTS

  • Large & Highly Renovated Units
  • On-Site Parking
  • Roof Deck
  • Separately metered for gas, electric and water
  • Strong Cash Flow

OVERVIEW

***Can also be sold with adjacent 6-unit property at 2415 San Pablo Ave*** Turn-key 7-unit investment with strong in-place income and extensive capital improvements, ideally located along the San Pablo Ave corridor near 19th Street BART, Hwy 980, Downtown Oakland, Uptown, and Berkeley. This well-maintained, stabilized asset offers a diverse unit mix of two large 1-bedroom units, two large 2-bedroom units, two oversized studios, and one mid-size studio. Several units feature two-level townhouse-style layouts with ceilings exceeding 12 feet, creating bright, open living spaces that stand out in the rental market. Most units have been extensively renovated over the past decade with updated kitchens, bathrooms, flooring, lighting, and appliances, supporting strong tenant demand. Ownership has completed major capital improvements including a new commercial roof (2024), full exterior paint (2025), multiple unit remodels, and upgraded common areas and hallways. Each unit is separately metered for gas, electric, and water for efficient operations. Property includes secured 1:1 parking for all units plus improvements to access, storage, and common areas.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$294 USD /SF

# OF UNITS

7

PRICE/UNIT

$242,857

CAP RATE

7.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

-

APN/PARCEL ID

003-0015-007-00

ASK ABOUT THIS PROPERTY

Willem BosCompass CommercialMore Info
916-698-9954

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Willem BosCompass CommercialMore Info
916-698-9954

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