Oakland, CA 94612,498 25th Street
Oakland, CA 94612,498 25th Street
Oakland, CA 94612,498 25th Street
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Melissa Seanez

Melissa Seanez

+1(626) 723-6030
$4,750,000
Est. payment /mo
4,656 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Alameda County

MLS Listing ID 41121243

HOA Y/N No

Year Built 1913

Lot Size 4,656 Sqft

Property Description

Priced to move with a motivated seller. 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

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Building

Water Other

Others

Tax ID 0090683018

Read Less Info
CRMLS – RECore
Listed by Willem Bos COMPASS

Nearby School & Business

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Crocker Highlands Elementary School

    Public | KG - 5

  • 10

    Beach Elementary School

    Public | KG - 5

  • 10

    Chabot Elementary School

    Public | KG - 5

  • 9

    American Indian Public Charter School II

    Public | KG - 8

  • 9

    Yu Ming Charter

    Public | KG - 8

  • 9

    Wildwood Elementary School

    Public | KG - 5

  • 9

    Frank C. Havens Elementary School

    Public | KG - 5

  • 9

    Hillcrest K-8 School

    Public | KG - 8

  • 8

    Lincoln Elementary School

    Public | KG - 5

  • 8

    Peralta Elementary School

    Public | KG - 5

  • 7

    Henry Haight Elementary School

    Public | KG - 5

  • 7

    Cleveland Elementary School

    Public | KG - 5

  • 7

    Kaiser Elementary School

    Public | KG - 5

  • 7

    John Muir Elementary

    Public | KG - 5

  • 6

    Nea Community Learning Center

    Public | KG - 12

  • 6

    Malcom X Elementary

    Public | KG - 5

  • 6

    Leconte Elementary

    Public | KG - 5

  • 5

    Paden Elementary School

    Public | KG - 5

  • 5

    Maya Lin School

    Public | KG - 5

  • 5

    Manzanita SEED Elementary School

    Public | KG - 5

Middle Schools 17
  • 10

    Piedmont Middle School

    Public | 6 - 8

  • 7

    The Academy of Alameda

    Public | 6 - 8

  • 7

    Edna Brewer Middle School

    Public | 6 - 8

  • 7

    Oakland School for the Arts

    Public | 6 - 12

  • 7

    Willard Middle School

    Public | 6 - 8

  • 6

    Encinal Jr. & Sr. High School School

    Public | 6 - 12

  • 6

    Claremont Middle School

    Public | 6 - 8

  • 6

    Longfellow Arts and Technology Middle School

    Public | 6 - 8

  • 5

    Oakland Charter Academy

    Public | 6 - 8

  • 5

    Oakland Military Institute, College Preparatory Academy

    Public | 6 - 12

  • 3

    Roosevelt Middle School

    Public | 6 - 8

  • 1

    Urban Promise Academy

    Public | 6 - 8

  • 1

    West Oakland Middle School

    Public | 6 - 8

  • 1

    Westlake Middle School

    Public | 6 - 8

  • 0

    Encinal Junior Jets

    Public | 6 - 8

  • 0

    Young Adult Program

    Public | 6 - 12

  • 0

    Mentoring Academy

    Private | 8 - 12

High Schools 20
  • 10

    Piedmont High School

    Public | 9 - 12

  • 9

    Alameda Science and Technology Institute

    Public | 9 - 12

  • 9

    Oakland Charter High School

    Public | 9 - 12

  • 7

    Oakland Technical High School

    Public | 9 - 12

  • 6

    Envision Academy for Arts & Technology

    Public | 9 - 12

  • 5

    Arise High School

    Public | 9 - 12

  • 5

    Emery High School

    Public | 9 - 12

  • 3

    Metwest High School

    Public | 9 - 12

  • 2

    McClymonds High School

    Public | 9 - 12

  • 2

    Oakland International High School

    Public | 9 - 12

  • 1

    Gateway to College at Laney College

    Public | 9 - 12

  • 1

    Oakland High School

    Public | 9 - 12

  • 1

    Ralph J. Bunche High School

    Public | 9 - 12

  • 1

    Berkeley Technology Academy

    Public | 10 - 12

  • 0

    East Bay Regional Occupation Center/Agency (ROC/P)

    Public | 9 - 12

  • 0

    Bay Area School of Enterprise

    Public | 9 - 12

  • 0

    Island High (Continuation)

    Public | 9 - 12

  • 0

    Dewey Academy

    Public | 9 - 12

  • 0

    Civicorps Corpsmember Academy

    Public | 9 - 12

  • 0

    Street Academy (Alternative)

    Public | 9 - 12

School and business data provided by Attom Data.

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Melissa Seanez

Melissa Seanez

+1(626) 723-6030

Agent | License ID: 02137015

Agent License ID: 02137015

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