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    2551 San Pablo Ave Oakland, CA 94607

    For Sale
    $9,950,000

    New construction, 42-unit multifamily property near Uptown Oakland.

    Property size:
    33,346 SF

    Property Features for 2551 San Pablo Ave

    General Information

    Size
    33,346 SF

    Building Details

    Year built
    1895

    Source: Kent Mitchell Agent Kent Mitchell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oakland Multifamily Investment Opportunity

    This 42-unit multifamily property, rebuilt from the foundation up in 2022, features modern finishes and systems. The unit mix includes 28 three-bedroom, two-bath units, 6 two-bedroom, one-bath units, and 8 loft-style units. The property is exempt from local rent control restrictions. Located four blocks from Uptown Oakland, it provides access to restaurants, bars, cafes, and shopping. The property is 1.2 miles from the 12th Street BART Station, offering access to the Bay Area via public transit. The property offers new systems, interiors, and exteriors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Montgomery Joann R Psychologist Spitze Chelsea C Psychologist Diana Fisher Medical School Al-Barri Ibrahim I Counselor Jackson Mable L Counselor

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.2755922
    Latitude
    37.8166346

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    FAQs

    What type of property is this?
    Apartment building - New construction, 42-unit multifamily property near Uptown Oakland.
    Where is this apartment building located?
    The property is located at 2551 San Pablo Ave Oakland, CA.
    What is the asking price?
    The asking price for this property is $9,950,000.
    What are key features of this property?
    This property features: - Rent Control Exempt – Allows for market-driven rental income potential.; - **Brand-New Construction (2022)** – Fully rebuilt with modern finishes and systems, offering minimal maintenance.; - **Prime Location** – 1.2 miles from the 12th Street BART Station, providing access to the Bay Area.
    (510) 919-4919
    Request Owner's contact information
    2551 San Pablo Ave Oakland, CA 94607
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    Oakland, CA 94607
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2551 San Pablo Ave Oakland, CA 94607
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