498 25th Street, Oakland, CA 94612

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

Listing Status:

Active

Date Added:

January 17, 2026

Data Last Updated:

February 15, 2026 at 7:16AM

Listing Office:

COMPASS : 415-660-9955

Listing Agent:

Willem Bos : 916-698-9954

MLS ID:

41121243

Interior

• A/C: See Remarks
• Heating: See Remarks

Exterior

• Parking: Parking spaces: 0

Construction

• General: Brick

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_BMLS
• County: Alameda

Lot

• Zoning: 0090683018

Utilities

• Water: Other

Financial

• Source: CRMLS_BMLS