Se Connecter/S’inscrire
Votre courriel a été envoyé.
498 25th St 25 Unité Immeuble d’appartements 6 459 475 $ CAD (258 379 $ CAD/Unité) 7,60% Taux de capitalisation Oakland, CA 94612
Certaines informations ont été traduites automatiquement.
Résumé de l'annonce
Priced to move with a motivated seller looking at all offers!
Rare opportunity to acquire a well-maintained 28-unit mixed-use property in Oakland’s highly desirable Uptown neighborhood. Located at 498 25th Street, this freestanding four-story building blends classic character with extensive modern upgrades, offering strong in-place income and long-term durability.
The property consists of 25 residential units, 3 retail suites, and additional income from a rooftop billboard under a long-term lease. Tenants enjoy on-site laundry and a secured private entrance, adding to tenant retention and stability.
Significant capital improvements have already been completed, making this a true turnkey investment. Upgrades include a new 800-amp main electrical service with all new subpanels, new plumbing throughout, a recently updated roof, and extensive seismic retrofitting. The building has been fully removed from Oakland’s soft-story list and features a fully concrete exterior foundation, minimizing future capital needs.
With stable retail tenants on new five-year leases, strong cash flow, and upside through rental increases, this asset offers immediate performance and long-term growth. Currently priced to deliver a 7.5% cap rate with an 8.3 GRM, along with over 20% upside potential, this is a rare opportunity to acquire a high-performing property in one of Oakland’s strongest rental markets.
Current loan quote at 5.4% interest rate for a 5 year fixed loan at a 70% LTV. potential for a 80% LTV for the right qualified buyer. Call agent for more details
Rare opportunity to acquire a well-maintained 28-unit mixed-use property in Oakland’s highly desirable Uptown neighborhood. Located at 498 25th Street, this freestanding four-story building blends classic character with extensive modern upgrades, offering strong in-place income and long-term durability.
The property consists of 25 residential units, 3 retail suites, and additional income from a rooftop billboard under a long-term lease. Tenants enjoy on-site laundry and a secured private entrance, adding to tenant retention and stability.
Significant capital improvements have already been completed, making this a true turnkey investment. Upgrades include a new 800-amp main electrical service with all new subpanels, new plumbing throughout, a recently updated roof, and extensive seismic retrofitting. The building has been fully removed from Oakland’s soft-story list and features a fully concrete exterior foundation, minimizing future capital needs.
With stable retail tenants on new five-year leases, strong cash flow, and upside through rental increases, this asset offers immediate performance and long-term growth. Currently priced to deliver a 7.5% cap rate with an 8.3 GRM, along with over 20% upside potential, this is a rare opportunity to acquire a high-performing property in one of Oakland’s strongest rental markets.
Current loan quote at 5.4% interest rate for a 5 year fixed loan at a 70% LTV. potential for a 80% LTV for the right qualified buyer. Call agent for more details
Faits sur la propriété
| Prix | 6 459 475 $ CAD | Style d’appartement | De faible hauteur |
| Prix par unité | 258 379 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,11 AC |
| Taux de capitalisation | 7,60% | Taille du bâtiment | 21 672 pi² |
| Multiplicateur du loyer brut | 8.2 | Occupation moyenne | 96% |
| Nombre d’unités | 25 | Nombre d’étages | 4 |
| Type de propriété | Immeuble residentiel | Année de construction | 1913 |
| Sous-type de propriété | Appartement | ||
| Zonage | CG-3 | ||
| Prix | 6 459 475 $ CAD |
| Prix par unité | 258 379 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 7,60% |
| Multiplicateur du loyer brut | 8.2 |
| Nombre d’unités | 25 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,11 AC |
| Taille du bâtiment | 21 672 pi² |
| Occupation moyenne | 96% |
| Nombre d’étages | 4 |
| Année de construction | 1913 |
| Zonage | CG-3 |
Commodités
Commodités des unités
- Prêt pour le câble
- Chauffage
- Ventilateurs de plafond
- Cuisine
- Tapis
Commodités du site
- Installations de lessive
- Commerce de détail sur place
- Recyclage
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 10 | - | 500 |
| 1+1 | 8 | - | 725 |
| 2+1 | 7 | - | 900 |
Très praticable à pied
80/100
Moyennement facile d’accès en voiture
70/100
Transports en commun exceptionnels
90/100
Très praticable en vélo
80/100
Impôts fonciers
| Numéro de lot | 009-0683-018-00 | Évaluation des bâtiments | 560 122 $ CAD |
| Évaluation du terrain | 195 651 $ CAD | Évaluation totale | 771 041 $ CAD |
Impôts fonciers
Numéro de lot
009-0683-018-00
Évaluation du terrain
195 651 $ CAD
Évaluation des bâtiments
560 122 $ CAD
Évaluation totale
771 041 $ CAD
1 de 66
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
Présenté par
498 25th St
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.