REO Sale: Redwood Crest Apartments | Oakland MSA

Starting Bid: $750,000

Auctioneer: Emilio Lemeni 

Auctioneer Company: c/o Fisher Auction Company Inc.

Auctioneer License: 00961384

• Irreplaceable Oakland Location: In Oakland's Highland Terrace neighborhood near Highland Hospital and Lake Merritt.

• Rare 24-Unit, All Two-Bedroom Community: Four three-story buildings house all 24 two-bedroom units across an 18,984 SF site parcel.

• On-Site Gated Parking Amenity for Residents: The property offers on-site gated parking, a valued amenity in this dense Oakland pocket.

• Oakland Absorption Outpaces Average: Oakland absorbs roughly 320 units annually, far exceeding its 20-year historical average.

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.

View details and diligence materials on RI Marketplace: