2401 San Pablo Ave, Oakland, CA 94607
- $1,545,000
- 5,780
- SqFt
- List Price
- $1,545,000
- Status
- ACTIVE
- Price Change
- ▼ $50,000 1788657991
- Year Built
- 2001
- MLS#
- 41129072
- Living Area
- 5,780
- Lot Size
- 4,800
- Type
- Multifamily
- Zip
- 94607
- city
- Oakland
- Neighborhood
- West Oakland
Property Description
8.1% CAP & 8.89 GRM Current income! Turn-key 7-unit investment with strong in-place income and extensive capital improvements, ideally located along the San Pablo Ave corridor near 19th Street BART, Hwy 980, Downtown Oakland, Uptown, and Berkeley. This well-maintained, stabilized asset offers a diverse unit mix of two large 1-bedroom units, two large 2-bedroom units, two oversized studios, and one mid-size studio. Several units feature two-level townhouse-style layouts with ceilings exceeding 12 feet, creating bright, open living spaces that stand out in the rental market. Most units have been extensively renovated over the past decade with updated kitchens, bathrooms, flooring, lighting, and appliances, supporting strong tenant demand. Ownership has completed major capital improvements including a new commercial roof (2024), full exterior paint (2025), multiple unit remodels, and upgraded common areas and hallways. Each unit is separately metered for gas, electric, and water for efficient operations. Property includes secured 1:1 parking for all units plus improvements to access, storage, and common areas. Can also be sold with adjacent 6-unit property at 2415 San Pablo Ave.
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Additional Information
- Lot Description
- See Remarks
- Flooring
- Carpet, Wood
- Heating
- Central
- Cooling
- Central Air, Other
- Laundry
- Laundry Room, In Unit
- Exterior
- Stucco
- Roof
- Flat
- Garage
- Yes
- Garageparking
- Garage Door Opener, Enclosed, Garage
- Water Sewer
- Public
- Building Type
- Other
- Acres
- 0.11
Mortgage Calculator
Listing courtesy of Willem Bos from COMPASS. 916-698-9954
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