For Sale
$1,850,000

419 30Th StOakland, CA 94609

Fully Leased, High NOI, Excellent Investment

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 3,936 square foot medical office building, located at 419 30th Street in Oakland, California, presents a compelling investment opportunity. Built in 1937 and extensively renovated in 2023, the property boasts a strong financial performance with a Net Operating Income (NOI) of $57,691. The building is currently 100% occupied across its four units, offering immediate cash flow. The short-term leases provide flexibility for potential owner-occupancy. Situated on a single lot, this two-story building is zoned S-1 and features a total of 3,936 square feet of net rentable space. The property's prime location in Alameda County, zip code 94609, offers convenient access to major transportation routes and amenities. The asking price is $1,850,000, representing a solid return on investment for a stabilized property in a desirable market. This well-maintained building presents a rare opportunity to acquire a fully leased, high-performing medical office building in a thriving California market. The property's recent renovation ensures modern amenities and functionality, making it an attractive option for both investors and potential owner-users. The APN is 9-699-26.

Highlights

  • $1,850,000 asking price for a stabilized medical office investment property.
  • 3,936 square feet, 100% occupancy, generating $57,691 NOI.
  • Four units in a two-story, 1937 building renovated in 2023.
  • Located at 419 30th St, Oakland, CA 94609 (APN: 9-699-26), zoned S-1.
  • Broker co-op available.

Property Details for 419 30Th St

Property type
Office properties, Medical offices
Square Feet
3,936 SF
Year Built/Renovated
1937/2023
Buildings
1
Stories
2
Units
4

Location Insight

City
Oakland
County
Alameda
State
California
Latitude
37.819095698183
Longitude
-122.26518453417
419 30Th St, Oakland, California

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419 30Th St
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