REO Sale | Oakland 24-Unit Apartments | MSA
- In Oakland’s Highland Terrace neighborhood near Highland Hospital and Lake Merritt.
- Four three-story buildings house all 24 two-bedroom units across an 18,984 SF site parcel.
- The property offers on-site gated parking, a valued amenity in this dense Oakland pocket.
- Oakland absorbs roughly 320 units annually, far exceeding its 20-year historical average.
- Minutes from I-580 and Highway 13, offering quick regional access across the East Bay area.
- Oakland’s economy is anchored by Kaiser Permanente, the University of California, and the Port.
Property Description
Brokered by Matthews™ and powered by RealINSIGHT Marketplace, 1848-1860 E 25th Street is a 24-unit, all two-bedroom multifamily community in Oakland's established Highland Terrace neighborhood. Built in 1962, the four three-story buildings total 18,984 SF on a 0.57-acre lot, with an all two-bedroom unit mix that has long supported steady tenant retention. The location offers immediate access to I-580 and Highway 13, placing residents within easy reach of Lake Merritt, Downtown Oakland, and the broader East Bay job market anchored by Kaiser Permanente, the University of California system, and the Port of Oakland. Within a one-mile radius, the trade area supports 44,722 residents and $76,476 in average household income, underscoring durable rental demand in one of Oakland's most established multifamily submarkets.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Auction |
| Property Types: | Apartment Buildings |
| Price: | $750,000 |
| No. of Units: | 24 |
| Average Occupancy: | 96 |
| Year Built: | 1962 |
| Building Size: | 18,984 Sq ft |
| No. of Stories: | 4 |
| Opportunity Zone: | No |
| Price per unit: | $31,250 |
| Parking Spaces: | 24 |
| Property Website | Click Here |
Unit mix
| Description | No. of Units | Sq ft. | Avg. Monthly Rent |
|---|
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