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Seller Financing Available?|?$60K Per Unit 2327-2329 San Pablo Ave 23 Unit Apartment Building $1,395,000 ($60,652/Unit) 8.30% Cap Rate Oakland, CA 94612



INVESTMENT HIGHLIGHTS
- Seller Financing Available
- Motivated Seller - 22 SRO Units and 1 Retail Unit
- Newer Dual-Pane Windows Throughout | New Roof Coating | Remodeled Bathrooms
- 6.5% Interest-Only Financing, No Points
- Property Delivered Vacant
- Significant Structural Stabilization in Rear and Ground Floor Retail
EXECUTIVE SUMMARY
Qualified investors are offered the rare opportunity to purchase or master lease 2327 San Pablo Avenue in Oakland, California. This fully renovated commercial property includes 22 single-room occupancy (SRO) units and one large retail space, making it an ideal asset for both local and regional investors seeking long-term income and value growth in a high-demand market. Extensive recent upgrades include new dual-pane windows, roof coating, major structural stabilization, remodeled bathrooms, a full fire sprinkler system with fire doors and a fire escape, upgraded copper plumbing with pressure relief valves, sewer lateral compliance, keyless entry hardware throughout, new LED lighting, modern heaters, and CAT6 and coaxial data lines installed in every unit.
Seller financing is available at 6.5% interest-only with no points, providing attractive terms and lowering upfront costs for qualified buyers. Alternatively, a master lease structure is available, offering operational control without full acquisition. With a motivated seller and a turnkey asset in a strategic Oakland corridor, 2327 San Pablo Avenue presents a compelling opportunity to secure a stabilized, income-generating property with substantial capital improvements and strong upside potential.
Disclosures: https://app.disclosures.io/link/2327-San-Pablo-Avenue-prc8vxe0
Virtual Tours:
• 3rd Floor: https://my.matterport.com/show/?m=tM1AWdkAYct
• Unit 300: https://my.matterport.com/show/?m=MkNsDyBxuQc
• Unit 301: https://my.matterport.com/show/?m=KB53QjWUHWa
• Unit 302: https://my.matterport.com/show/?m=KidYcBycpij
OFFERS DUE: Offers will be reviewed upon receipt.
Submit Offers Here: https://app.disclosures.io/link/2327-San-Pablo-Avenue-prc8vxe0
Seller financing is available at 6.5% interest-only with no points, providing attractive terms and lowering upfront costs for qualified buyers. Alternatively, a master lease structure is available, offering operational control without full acquisition. With a motivated seller and a turnkey asset in a strategic Oakland corridor, 2327 San Pablo Avenue presents a compelling opportunity to secure a stabilized, income-generating property with substantial capital improvements and strong upside potential.
Disclosures: https://app.disclosures.io/link/2327-San-Pablo-Avenue-prc8vxe0
Virtual Tours:
• 3rd Floor: https://my.matterport.com/show/?m=tM1AWdkAYct
• Unit 300: https://my.matterport.com/show/?m=MkNsDyBxuQc
• Unit 301: https://my.matterport.com/show/?m=KB53QjWUHWa
• Unit 302: https://my.matterport.com/show/?m=KidYcBycpij
OFFERS DUE: Offers will be reviewed upon receipt.
Submit Offers Here: https://app.disclosures.io/link/2327-San-Pablo-Avenue-prc8vxe0
PROPERTY FACTS
| Price | $1,395,000 | Building Class | C |
| Price Per Unit | $60,652 | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 17,140 SF |
| Cap Rate | 8.30% | Average Occupancy | 0% |
| Gross Rent Multiplier | 4.92 | No. Stories | 3 |
| No. Units | 23 | Year Built | 1895 |
| Property Type | Multifamily | Tenancy | Single |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | C-35, Oakland | ||
| Price | $1,395,000 |
| Price Per Unit | $60,652 |
| Sale Type | Investment |
| Cap Rate | 8.30% |
| Gross Rent Multiplier | 4.92 |
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 17,140 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 1895 |
| Tenancy | Single |
| Opportunity Zone |
Yes |
| Zoning | C-35, Oakland |
AMENITIES
SITE AMENITIES
- Controlled Access
- Smoke Free
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 23 | - | 175 - 1,800 |
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (76)
Bike Score®
Biker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 003-0021-006-00 | Improvements Assessment | $341,343 |
| Land Assessment | $426,678 | Total Assessment | $768,021 |
PROPERTY TAXES
Parcel Number
003-0021-006-00
Land Assessment
$426,678
Improvements Assessment
$341,343
Total Assessment
$768,021
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Seller Financing Available?|?$60K Per Unit | 2327-2329 San Pablo Ave
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