498 Capital St | Oakland, CA 94610
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This Multifamily Property is no longer advertised on LoopNet.com.
498 Capital St
Oakland, CA 94610
Turnkey 5 Units 1.5 Block to Lake Merritt · Multifamily Property For Sale
·
5 Units

Investment Highlights
- Pride of Ownership Location 2 Blocks from Lake Merritt
- Each Unit Has A One-Car Garage Plus One Covered Parking Space
- Approved Architectural Plans To Convert The Right Most Garage and Common Space Into An 800 Square Foot Two-Bedroom/Two-Bathroom Unit.
- Unit Mix: (1) 3-Bed/2-Bath Penthouse and (4) 1-Bed/1-Bath Units
- Excellent Owner User or Investment Opporunity
- Over $300,000 of Capex completed including soft story seismic retrofit, private sewer lateral upgrade, electrical panel upgrade, main building water h
Property Facts
| No. Units | 5 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 4,488 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 2.23/1,000 SF |
| Zoning | MF | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 4,488 SF |
| No. Stories | 3 |
| Year Built | 1960 |
| Parking Ratio | 2.23/1,000 SF |
| Zoning | MF |
Amenities
Unit Amenities
- Balcony
- Storage Space
- Heating
- Tile Floors
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Carpet
- Dining Room
Site Amenities
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 707 - 777 |
| 3+2 | 1 | - | 1,495 |
Links
Property Taxes
| Parcel Number | 023-0417-001-02 | Improvements Assessment | $1,006,017 |
| Land Assessment | $477,540 | Total Assessment | $1,483,557 |
Property Taxes
Parcel Number
023-0417-001-02
Land Assessment
$477,540
Improvements Assessment
$1,006,017
Total Assessment
$1,483,557
Listing ID: 36277971
Date on Market: 6/16/2025
Last Updated:
Address: 498 Capital St, Oakland, CA 94610
The Cleveland Heights Multifamily Property at 498 Capital St, Oakland, CA 94610 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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