2521 San Pablo Avenue
Industrial | 16,582 SqFt
Marketing description
Lee & Associates, as the exclusive advisor, is pleased to present 2515-2521 San Pablo Avenue, a 4-unit live/work property in the dynamic market of West Oakland.
Originally built in 1928 as a dairy creamery, the property has been converted into four (4) unique live/work lofts totaling 16,582 square feet on 0.32 acres. Constructed of brick and timber, the two-story building offers spacious units ranging from 3,567 to 4,163 square feet, featuring open floor plans, high ceilings, and large factory windows that highlight its historic character.
Each unit includes interior washers and dryers, with access to a shared second-floor roof deck. Two units also feature oversized garage spaces with roll-up doors. Importantly, two of the lofts will be delivered vacant at closing, offering flexibility for an owner-user or a new investor to reposition and create additional income opportunities.
The property is located along San Pablo Avenue with convenient access to I-580, I-880, downtown Oakland, and regional transit options. This location provides connectivity throughout the Bay Area while benefitting from the ongoing evolution of the surrounding neighborhood.
2521 San Pablo Avenue presents a rare opportunity to acquire a character property with strong existing income and the added upside of two vacant units. With only four master tenants, management is straightforward and efficient.
Investment highlights
- Converted dairy creamery seamlessly blends historic charm with modern flair, offering (4) unique live/work lofts
- Expansive live/work loft residences ranging from 3,567 to 4,163 square feet
- Two units delivered vacant at closing, providing flexibility for owner-occupancy or new income-generating opportunities
- Charming brick and timber constructed historic building featuring large factory windows, in-unit washer and dryers, and hardwood floors in some units.
- Two of the units include oversized garage spaces with roll-up doors
- Ideally situated in West Oakland, offering excellent commuter convenience with easy access to major freeways and public transportation
- Spacious communal rooftop deck offering impressive views
- 2005 certificate of occupancy – exempt from the Oakland Rent Control Ordinance
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