435 8Th StOakland, CA 94607

Property Details for 435 8Th St

Year built

1992

Construction

STEEL FRAME

Lot size

0.09 AC

Property size (Sq ft)

655 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

1-195-15

APU

119515

Description

This exceptional Oakland, CA retail property, located at 435-3A 8th Street, offers a unique investment opportunity. Priced at $250,000, this 1,000 square foot mixed-use building sits on a 3,752 square foot lot in the 94607 zip code. The property boasts a highly desirable corner location with dual street entrances, providing excellent accessibility for customers. While publicly recorded as 1,000 square feet, the property includes an unpermitted second floor, significantly increasing the usable space. This added space presents a versatile opportunity for conversion into residential units or expansion of the existing commercial space, creating substantial added value. The property is currently vacant, allowing for immediate customization and tenant selection. This prime location in Alameda County presents a compelling opportunity for both investors seeking a value-add project and owner-occupants looking for a flexible space. The property's size and location make it ideal for a variety of uses, maximizing its potential return on investment. This is a rare chance to acquire a property with significant upside potential in a thriving Oakland neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $175,605

  6.5%

  $162,097

  7%

  $150,518

• Comparable approach

  Method

  Valuation

  Relative Method

  $124,677

  Geo Method

  $182,686

• Alternative Use

  Use

  Valuation

  Residential

  $201,000

  Hospitality

  $184,115

  Educational

  $153,181

  Medical

  $158,449

  Retail

  $238,282

Location Insight

City

Oakland

County

Alameda

State

California

Latitude

37.7999

Longitude

-122.274

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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