Property Details
About this Property
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
MLS Listing Information
MLS #
EB41121243
MLS Source
Bridge MLS
Days on Site
14
Interior Features
Flooring
Carpet - Wall to Wall, Wood
Cooling
Other
Exterior Features
Roof
Other
Parking, School, and Other Information
Garage/Parking
No Parking, Garage: Car(s)
Water
Other
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
498 25th Street is a Residential Income in Oakland, CA 94612. This 21,672 square foot property sits on a 4,655 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,750,000 and was built in 1913. This address can also be written as 498 25th Street, Oakland, CA 94612.
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This listing information is up-to-date as of January 24, 2026. For the most current information, please contact Willem Bos, (916) 698-9954
