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Listed by Stephen Pagones • Oak Tree Property Group
$1,395,000
Est. payment /mo
7,140 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Lowrise (1-3 Flrs)
Listing Status Active
Purchase Type For Sale
Square Footage 7,140 sqft
Price per Sqft $195
Subdivision Alameda
MLS Listing ID 41106334
HOA Y/N No
Year Built 1895
Lot Size 2,500 Sqft
Property Sub-Type Lowrise (1-3 Flrs)
Source BAY EAST
Property Description
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.
Location
State CA
County Alameda
Interior
Heating Electric, Other
Cooling None
Flooring Laminate, Wood, Other
Fireplace No
Building
Lot Description Rectangular Lot
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