Make a deal with a highly motivated seller who has recently reduced the price by $ 100,000. Bos Group is proud to present a rare opportunity to own a well-maintained 28-unit mixed-use property in Oakland's thriving Uptown neighborhood. Located at 498 25th Street, this freestanding four-story building was originally built in 1913 and effortlessly blends timeless architectural charm with modern upgrades, offering both strong income potential and an exceptional living experience. Tenants also enjoy the ease of on-site laundry facilities and a secure private entrance, enhancing comfort and peace of mind.
This well-maintained apartment complex offers a diverse mix of 10 studios, eight one-bedroom units, seven two-bedroom units, and three retail spaces. The rooftop billboard provides an additional source of monthly income for the new owner to capitalize on. The current owner has made significant investments in modernizing the property, including an 800-amp electrical service with upgraded switchgear and wiring, modernized gas distribution, and copper plumbing. Robust security and safety systems have also been added. All units are sub-metered for gas and electricity, reducing operating costs and boosting Net Operating Income (NOI).
Discover a diligently maintained property presenting a rare chance to acquire a high-performing asset in one of Oakland’s most iconic neighborhoods. With a diverse unit mix, modern amenities, and strong income potential, this is an investment opportunity not to be missed.