498 25th St - Apartments FOR SALE


Oakland, CA 94612- Uptown Oakland
$4,750,000 USD
510-422-4201
498 25th St, Oakland, CA for Sale
$4,750,000 USD
Apartments - FOR SALE
1/72
null | 7.5% Cap Rate

498 25th St
Oakland, CA 94612
Uptown Oakland


HIGHLIGHTS

  • New 800 Amp Main panel / All new unit sub panel
  • Updated Plumbing
  • Off the soft story list / all concert foundation
  • New leases for all retail tenants
  • Billboard on top for additional income

OVERVIEW

Priced to move with a motivated seller looking at all offers! Rare opportunity to acquire a well-maintained 28-unit mixed-use property in Oakland’s highly desirable Uptown neighborhood. Located at 498 25th Street, this freestanding four-story building blends classic character with extensive modern upgrades, offering strong in-place income and long-term durability. The property consists of 25 residential units, 3 retail suites, and additional income from a rooftop billboard under a long-term lease. Tenants enjoy on-site laundry and a secured private entrance, adding to tenant retention and stability. Significant capital improvements have already been completed, making this a true turnkey investment. Upgrades include a new 800-amp main electrical service with all new subpanels, new plumbing throughout, a recently updated roof, and extensive seismic retrofitting. The building has been fully removed from Oakland’s soft-story list and features a fully concrete exterior foundation, minimizing future capital needs. With stable retail tenants on new five-year leases, strong cash flow, and upside through rental increases, this asset offers immediate performance and long-term growth. Currently priced to deliver a 7.5% cap rate with an 8.3 GRM, along with over 20% upside potential, this is a rare opportunity to acquire a high-performing property in one of Oakland’s strongest rental markets. Current loan quote at 5.4% interest rate for a 5 year fixed loan at a 70% LTV. potential for a 80% LTV for the right qualified buyer. Call agent for more details

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

28

PRICE/UNIT

$169,643

CAP RATE

7.5%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Price Improvement $100k / 7.5% Cap & 8.3 GRM

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,657 SF

ZONING

CG-3

APN/PARCEL ID

009-0683-018-00

ASK ABOUT THIS PROPERTY

Willem BosCompass CommercialMore Info
510-422-4201

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Willem BosCompass CommercialMore Info
510-422-4201

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