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2nd Price Reduction! Live-Work 4 Unit Sale 2515-2521 San Pablo Ave 4 Unit Apartment Building $3,200,000 ($800,000/Unit) Oakland, CA 94612
EXECUTIVE SUMMARY
2nd Price Reduction!
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.
1% Procuring Fee Available to Cooperating Broker.
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.
1% Procuring Fee Available to Cooperating Broker.
PROPERTY FACTS
| Price | $3,200,000 | Building Class | B |
| Price Per Unit | $800,000 | Building Size | 16,582 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 4 | Year Built/Renovated | 1928/1999 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment |
| Price | $3,200,000 |
| Price Per Unit | $800,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Building Size | 16,582 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1928/1999 |
| Opportunity Zone |
Yes |
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Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (71)
Bike Score®
Biker's Paradise (99)
PROPERTY TAXES
| Parcel Number | 003-0013-003-00 | Improvements Assessment | $476,672 |
| Land Assessment | $1,045,335 | Total Assessment | $1,522,007 |
PROPERTY TAXES
Parcel Number
003-0013-003-00
Land Assessment
$1,045,335
Improvements Assessment
$476,672
Total Assessment
$1,522,007
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2nd Price Reduction! Live-Work 4 Unit Sale | 2515-2521 San Pablo Ave
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