2415 San Pablo Ave - Apartments FOR SALE


Oakland, CA 94612- West Oakland
$1,300,000 USD
916-698-9954
2415 San Pablo Ave, Oakland, CA for Sale
$1,300,000 USD
Apartments - FOR SALE
1/30
null | 7.31% Cap Rate

2415 San Pablo Ave
Oakland, CA 94612
West Oakland


HIGHLIGHTS

  • Not Subject to Oakland Rent Control
  • Extensively Renovated
  • Strong Unit Mix
  • Strong Cash Flow
  • Gas, Electric & Water Separately Metered

OVERVIEW

***Can also be sold with adjacent 7-unit apartment building at 2401 San Pablo Ave.*** Turn-key mixed-use investment with strong in-place income and exceptional upside through rent-control exemption, ideally located along the San Pablo Ave corridor near 19th Street BART, Hwy 980, Downtown Oakland, Uptown, and Berkeley. Originally built in 1910 and substantially renovated in 2007, 2415 San Pablo Ave features 5 residential units and 1 ground-floor commercial space occupied by a long-term tattoo studio tenant of over 8 years. The residential unit mix includes one large 1-bedroom and four large 2-bedroom units, each approximately 900 SF, with modern layouts, updated flooring, contemporary kitchens, and strong natural light. Tenants also enjoy a large shared rooftop deck with panoramic views of Downtown Oakland and San Francisco. The building benefits from modern systems and major upgrades including fire sprinklers, extensive seismic improvements, exterior siding upgrades, full exterior paint completed in 2025, and various unit improvements over time. A rare low-maintenance investment with stable mixed-use income and long-term growth potential.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

6

PRICE/UNIT

$216,667

CAP RATE

7.31%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,483 SF

ZONING

C30, Oakland

APN/PARCEL ID

003-0015-035-00

ASK ABOUT THIS PROPERTY

Willem BosCompass CommercialMore Info
916-698-9954

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Willem BosCompass CommercialMore Info
916-698-9954

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