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    1440 23Rd Ave Oakland, CA 94606

    For Sale
    $575,000

    Mixed-use property with residential and commercial units in Oakland.

    Lot size:
    0.11 Acres

    Property Features for 1440 23Rd Ave

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1928

    Source: KELLER WILLIAMS TRI VALLEY REALTY Agent Nolan Jones

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oakland Mixed-Use Investment Opportunity

    This mixed-use property in Oakland presents an investment opportunity, intended to be delivered fully vacant. The property includes nine units: four conforming residential units, two ground-floor commercial spaces, and three non-conforming residential units. The property offers both residential and commercial income streams. The building spans 5,884 square feet of living and commercial area. Several updated units present value-add potential through rental or future repositioning. The location provides access to Fruitvale and Lake Merritt BART stations and proximity to I-880 and I-580. The location offers rental demand and proximity to neighborhood amenities, restaurants, and transit.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mt Calvary Missionary ... Baptist Church OJC African Hair ... Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.2351614
    Latitude
    37.7838569

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with residential and commercial units in Oakland.
    Where is this mixed-use property located?
    The property is located at 1440 23Rd Ave Oakland, CA.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Delivers fully vacant, offering immediate control and flexibility.; - Mixed-use property with diverse income streams.; - Located in a growing Oakland neighborhood with strong rental demand.
    (510) 867-4806
    Request Owner's contact information
    1440 23Rd Ave Oakland, CA 94606
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    Oakland, CA 94606
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1440 23Rd Ave Oakland, CA 94606
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