Seated in the heart of Oakland’s immensely popular Cleveland Heights neighborhood (and just a five-minute stroll from the shores of Lake Merritt) is 498 Capital Street—a robust, 4,500 sq. ft. multifamily property that’s looking for a new owner for the first time in nearly 50 years. Many things make this investment opportunity special, including the fact it comes with unparalleled ADU potential; it’s surrounded by greenspaces (including the Oakland Estuary); the largest unit will be delivered vacant making it perfect for an owner-occupy investor; and each unit comes with its own garage. In terms of layout, the building is separated into five units; four 1Bd/1ba units and one 3Bd/2ba unit which will be delivered vacant, an ideal residence for an owner-occupy investor.