498 25th Street, Oakland, CA 94612
Local realty services provided by:ERA Excel Realty
498 25th Street,Oakland, CA 94612
$4,750,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: willem bos
Office: compass
MLS#:41121243
Source:CRMLS
Price summary
- Price:$4,750,000
About this home
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
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Home facts
- Year built:1913
- Listing ID #:41121243
- Added:1 day(s) ago
- Updated:January 18, 2026 at 01:26 AM
Structure and exterior
- Year built:1913
- Lot area:0.11 Acres
Finances and disclosures
- Price:$4,750,000
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