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23 UNITS DOWNTOWN OAKLAND | $62K PER UNIT 2327-2329 San Pablo Ave

23 Unit Apartment Building $2,163,239 CAD ($94,054 CAD/Unit) 7.72% Cap Rate Oakland, CA 94612

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INVESTMENT HIGHLIGHTS

Motivated Seller - 22 SRO Units and 1 Retail Unit | Property Delivered Vacant
New Roof Coating | Remodeled Bathrooms
Fire Sprinkler Updates and Redesign | Sewer Lateral Compliant

Newer Dual Pane Windows Throughout | Significant Structural Stabilization in Rear and Ground Floor Retail
All Electrical Runs from the Main Panel into the Rooms | New Copper Piping with Pressure Relief Valves
New Flooring, LED Lighting, Interior Hallway Fire Doors, Heaters, CAT6 and Coaxial Data Lines and Hardware

EXECUTIVE SUMMARY

Qualified investors are extended the opportunity to purchase or master lease 2327 San Pablo Avenue located in Oakland, CA. This completely renovated commercial building consists of 22 SRO units and 1 large commercial space. Extensive renovations include; new dual pane windows, new roof coating, significant structural stabilization in rear and ground floor retail, remodeled bathrooms, fire sprinklers throughout, included fire doors and fire escape, new copper piping with pressure relief valves, sewer lateral compliant, replaced all doors with key-less hardware, new LED lighting, replaced all heaters, and installed CAT6 and coaxial data lines in all units. 2327 San Pablo Avenue allows both local and regional investors the opportunity to acquire an investment in a popular market with strong growth potential of both income stream and investment value.
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

2327 San Pablo Ave - OM 1.30.25

PROPERTY FACTS

Price	$2,163,239 CAD	Building Class	C
Price Per Unit	$94,054 CAD	Lot Size	0.29 AC
Sale Type	Investment	Building Size	17,140 SF
Cap Rate	7.72%	Average Occupancy	0%
Gross Rent Multiplier	5.28	No. Stories	3
No. Units	23	Year Built	1895
Property Type	Multifamily	Tenancy	Single
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low-Rise

Price	$2,163,239 CAD
Price Per Unit	$94,054 CAD
Sale Type	Investment
Cap Rate	7.72%
Gross Rent Multiplier	5.28
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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.