2515-2521 San Pablo Ave - Apartments FOR SALE


Oakland, CA 94612- West Oakland
$3,500,000 USD
510-469-3300
2515-2521 San Pablo Ave, Oakland, CA for Sale
$3,500,000 USD
Apartments - FOR SALE
1/65
null | Request Cap Rate

2515-2521 San Pablo Ave
Oakland, CA 94612
West Oakland


OVERVIEW

Price Reduced! Lee & Associates, as the exclusive advisor, is pleased to present 2515-2521 San Pablo Avenue, a 4-unit live/work property in West Oakland. Originally built in 1928 as a dairy creamery, the property has been converted into four (4) unique live/work lofts totaling 16,582 square feet on 0.32 acres. Constructed of brick and timber, the two-story building offers spacious units ranging from 3,567 to 4,163 square feet, featuring open floor plans, high ceilings, and large factory windows that highlight its historic character. Each unit includes interior washers and dryers, with access to a shared second-floor roof deck. Two units also feature oversized garage spaces with roll-up doors. Importantly, two of the lofts will be delivered vacant at closing, offering flexibility for an owner-user or a new investor to reposition and create additional income opportunities. The property is located along San Pablo Avenue with convenient access to I-580, I-880, downtown Oakland, and regional transit options. This location provides connectivity throughout the Bay Area while benefitting from the ongoing evolution of the surrounding neighborhood. 2515-2521 San Pablo Avenue presents a rare opportunity to acquire a character property with strong existing income and the added upside of two vacant units. With only four master tenants, management is straightforward and efficient.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$211 USD /SF

# OF UNITS

4

PRICE/UNIT

$875,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Price Reduced! Live-Work 4 Unit Sale

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

003-0013-003-00

ASK ABOUT THIS PROPERTY

Ryan DavidsonLee & Associates Commercial Real Estate ServiceMore Info
510-469-3300

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

Ryan DavidsonLee & Associates Commercial Real Estate ServiceMore Info
510-469-3300

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