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2321-2323 San Pablo Ave 13,963 SF 100% Leased Industrial Building Oakland, CA 94612 $1,195,000 ($85.58/SF)

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INVESTMENT HIGHLIGHTS

A five-story mixed-use building, featuring 16 residential units and a commercial retail space, ready for immediate development.
Positioned for optimal convenience, minutes away from public transit options, connecting residents to the broader Oakland and Bay Area.

Situated within an Opportunity Zone, this project offers enticing tax benefits, enhancing investment appeal.

EXECUTIVE SUMMARY

Poised for groundbreaking development, the property at 2323 San Pablo Avenue represents a stellar investment in West Oakland's future. This project encompasses a five-story, mixed-use building with 16 modern residential units and convenient ground-floor retail space, designed by the renowned Dinar and Associates. With a gross building area (GBA) of 23,562 square feet and a lot size of 5,489 square feet, the development offers a mix of one and two-bedroom homes, including affordable options, and is bolstered by significant tax incentives. This development promises a vibrant living and commercial space in a rapidly growing neighborhood, making it a prime opportunity for those looking to invest in Oakland's revitalization.

2321-2323 San Pablo Ave_Flyer

PROPERTY FACTS

Price	$1,195,000	Lot Size	0.13 AC
Price Per SF	$85.58	Rentable Building Area	13,963 SF
Sale Type	Investment	No. Stories	5
Property Type	Industrial	Year Built	1895
Property Subtype	Warehouse	Parking Ratio	0.86/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	RU-5, Oakland

Price	$1,195,000
Price Per SF	$85.58
Sale Type	Investment
Property Type	Industrial
Property Subtype	Warehouse
Building Class	C
Lot Size	0.13 AC
Rentable Building Area	13,963 SF
No. Stories	5
Year Built	1895
Parking Ratio	0.86/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	RU-5, Oakland