419 30Th StOakland, CA 94609

Property Details for 419 30Th St

Year built

1937

Construction

WOOD

Lot size

0.14 AC

Property size (Sq ft)

3,936 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

9-699-26

APU

969926

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,090,190

  6.5%

  $1,006,329

  7%

  $934,448

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,004,397

  Geo Method

  $1,097,790

• Alternative Use

  Use

  Valuation

  Residential

  $1,247,848

  Hospitality

  $1,143,022

  Educational

  $950,981

  Medical

  $983,686

  Retail

  $1,479,304

Location Insight

City

Oakland

County

Alameda

State

California

Latitude

37.8189

Longitude

-122.265

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].