2505-2525 10th Avenue is being offered for sale as a single asset. All investors should base their offer and pricing on the “As Is, Where Is” condition of the assets. This property comprises of 35 units presenting a unique and strategic opportunity for an investor to rapidly establish a substantial presence in Oakland. 2505-2525 10th Ave presents a compelling opportunity for a workforce housing investment. The asset offers investors a reliable and consistent revenue stream, driven by the growing demand for affordable housing in the East Oakland market. The property benefits from exceptional connectivity to the Bay Area, with convenient access to Lake Merritt, Interstate 580 & 880, and proximity to Oakland International Airport, allowing residents several transportation options and ease of access to key regions throughout the Bay. 2505-2525 10th Ave features an exceptional unit mix with a particularly strong concentration of highly desirable studio, one-bedroom, and two-bedroom units. The portfolio’s unit mix paired with strong demand for workforce housing ensures landlords benefit from natural turnover, minimizing loss-to-lease risks associated with the city’s stringent rent control regulations. The property is attractively priced at an average of $88,571 / unit and $170 / square foot, representing a massive discount to replacement cost. The average home purchase price in Oakland is approximately three times the national average, at around $960,000. As a result, nearly 60% of Oakland residents are renters. According to Home Builder Digest, the replacement cost for a value-conscious home ranges from $500 to $700 per square foot, while mid-range homes are priced at $700 to $800 per square foot.