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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

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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

PROPERTY FACTS

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
003-0021-006-00
Land Assessment
$426,678
Improvements Assessment
$341,343
Total Assessment
$768,021
  • Listing ID: 36951648

  • Date on Market: 7/28/2025

  • Last Updated:

  • Address: 2327-2329 San Pablo Ave, Oakland, CA 94612

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