West Oakland Live/Work
2515-2521 San Pablo Ave Oakland, CA
2515-2521 San Pablo Ave, Oakland, CA, 00000
Contact for pricing
For Sale
Contact for pricing
Four-unit live/work property in West Oakland for sale.
Property Size16,582 SF
Lot Size0.31 Acres
Price / SF$174.89
Days on Market635
Property Features for 2515-2521 San Pablo Ave
General Information
- Standard status
- Active
- Size
- 16,582 SF
- Lot size
- 0.31 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
Lee & Associates | Oakland
(510) 469-3300
Listed by
Ryan Davidson · License #01400582
(510) 469-3300
Source
Moodyscre
Added: Oct 25, 2024 Updated: Jul 10 at 11:38 am Checked: Jul 20 at 3:05 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Oakland
Investment Insights
Based on property information with market context.
The property at 2515-2521 San Pablo Avenue is a 4-unit live/work property located in West Oakland. The property has a size of 16582 square feet.
Key Highlights
- 4‑unit property, perfect for investors or owner‑occupants.
- Unique live/work property offering flexible living and business options.
- Located in the heart of West Oakland.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $457.7k | $27.60 |
| − Vacancy | −$54.9k | −$3.31 |
| EGI | $402.7k | $24.29 |
| − OpEx | −$151.0k | −$9.11 |
| NOI | $251.7k | $15.18 |
16,582 SF · lease $27.60/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$3.60M
$3.15M – $4.20M
NOI $251,715 @ 7.0% cap · market cap 8.68%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$5.43M
$4.75M – $6.33M
NOI $380,022 @ 7.0% cap · market cap 13.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Four-unit live/work property in West Oakland for sale.
Where is this live-work space located?
The property is located at 2515-2521 San Pablo Ave Oakland, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 4‑unit property, perfect for investors or owner‑occupants.; Unique live/work property offering flexible living and business options.; Located in the heart of West Oakland.
