Live-Work 4 Unit Sale
4 Unit Apartment Building | $3,900,000 ($975,000/Unit) | Oakland, CA 94612
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,900,000
- Property Type
-
Multifamily
- Square Feet
- 16,582 SF
Listing Contacts
Ryan Davidson
Verified Profile
Tyler Clark
Verified Profile
- Property Info
Property Overview
Lee & Associates, as the exclusive advisor, is pleased to present 2515-2521 San Pablo Avenue, a 4-unit live/work property in the dynamic market of West Oakland.
Originally built in 1928, this converted dairy creamery combines historic charm with modern style, offering unique live/work lofts. This two-story brick and timber constructed building features four individual loft spaces totaling 16,582 square feet on 0.32 acres. The spacious units, ranging from 3,567 to 5,473 square feet, provide a perfect blend of urban living and rustic retreat, showcasing the best of past and present in loft conversions.
With open floor plans, high ceilings, and large factory windows, this historic brick building offers an unparalleled living experience. Its exceptional rental history and quick lease turnover highlight its uniqueness in the market. Each loft blends industrial charm with modern comfort, creating an inviting atmosphere for living and working.
All units feature interior washers and dryers and have access to a second-floor roof deck. Additionally, two of the units include oversized garage spaces with roll-up doors.
Located in the vibrant and culturally rich neighborhood of West Oakland, this area is known for its dynamic mix of residential and commercial properties, creating a lively community atmosphere. Its proximity to downtown Oakland and major freeways like I-580 and I-880 ensures easy access to the broader Bay Area, including San Francisco. With nearby public transportation and several BART stations, commuting is convenient. The area is surrounded by diverse dining options, unique shops, and various entertainment venues, making it a hub for living and leisure. Ongoing development and revitalization efforts further enhance the neighborhood’s appeal, promising future growth and investment potential.
This is a rare and exceptional opportunity to acquire a premier income-generating asset with significant cash flow potential. The property’s management is streamlined by having only four master tenants, enhancing its appeal as a highly attractive investment.
Originally built in 1928, this converted dairy creamery combines historic charm with modern style, offering unique live/work lofts. This two-story brick and timber constructed building features four individual loft spaces totaling 16,582 square feet on 0.32 acres. The spacious units, ranging from 3,567 to 5,473 square feet, provide a perfect blend of urban living and rustic retreat, showcasing the best of past and present in loft conversions.
With open floor plans, high ceilings, and large factory windows, this historic brick building offers an unparalleled living experience. Its exceptional rental history and quick lease turnover highlight its uniqueness in the market. Each loft blends industrial charm with modern comfort, creating an inviting atmosphere for living and working.
All units feature interior washers and dryers and have access to a second-floor roof deck. Additionally, two of the units include oversized garage spaces with roll-up doors.
Located in the vibrant and culturally rich neighborhood of West Oakland, this area is known for its dynamic mix of residential and commercial properties, creating a lively community atmosphere. Its proximity to downtown Oakland and major freeways like I-580 and I-880 ensures easy access to the broader Bay Area, including San Francisco. With nearby public transportation and several BART stations, commuting is convenient. The area is surrounded by diverse dining options, unique shops, and various entertainment venues, making it a hub for living and leisure. Ongoing development and revitalization efforts further enhance the neighborhood’s appeal, promising future growth and investment potential.
This is a rare and exceptional opportunity to acquire a premier income-generating asset with significant cash flow potential. The property’s management is streamlined by having only four master tenants, enhancing its appeal as a highly attractive investment.
Property Details
- Class
- B
- Year Built
- 1928
- Stories
- 2
- Lot Size (sq. ft)
- 13,939 SF
- Units
- 4
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