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    Oakland Chinatown Office Condo Title is generated by Realmo AI

    9Th St Unit 308, Oakland, CA 94607

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    For Sale
    $199,000

    Light-filled office condo in Oakland Chinatown, convenient location.

    Type:Commercial
    Property size:
    765 SF
    Lot size:
    0.57 Acres
    Price / SF:
    $260/SF
    Added:
    May 2, 2025
    Days on Market:
    403
    Last Refresh:
    Apr 5 at 8:36 pm

    Property Features for 9Th St Unit 308

    General Information

    Standard status
    Active
    Size
    765 SF
    Lot size
    0.57 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1920

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    Listing Contact
    VEA THAI

    Listing agent VEA THAI

    Listing office PREFERRED REAL ESTATE

    Listing date May 2, 2025

    Source Corcoran

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

    All listing content including descriptions, pricing, images are the copyrighted material of PREFERRED REAL ESTATE

    HighLights

    • Prime location in the heart of Oakland Chinatown, offering unmatched convenience to banks, shops, restaurants, and medical offices.
    • Easy commuting with quick access to freeways 880, 580, and 980, and close proximity to Lake Merritt BART.
    • Secured building with secured entrance, intercom system, and 24/7 surveillance throughout the premises and parking areas.
    • Light‑filled third‑floor unit with window view.
    • Well‑maintained building with new roof and elevator access.
    • Assigned parking included.

    Overview

    This commercial office condo is located in Oakland's Chinatown. Situated on the third floor, the unit benefits from natural light and a window view overlooking the parking lot. The building is well-maintained and features a new roof, elevator access, a secured entrance, an intercom system, and 24/7 surveillance throughout the premises and parking areas. Assigned parking is included. The property is conveniently located near banks, shops, restaurants, medical offices, and Lake Merritt BART. Commuting is facilitated by quick access to freeways 880, 580, and 980. Unit #309 in the same building is also for sale and can be sold as a package with discount. The unit size is 765 square feet.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $18.0k $23.52
    − Vacancy −$4.3k −$5.64
    EGI $13.7k $17.88
    − OpEx −$3.4k −$4.47
    NOI $10.3k $13.41
    765 SF · lease $23.52/SF/yr · vacancy 24.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $146.5K
    $128.2K – $170.9K (±1% cap)
    NOI $10,256 @ 7.0% cap · market cap 5.15%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $250.5K
    $219.2K – $292.2K (±1% cap)
    NOI $17,532 @ 7.0% cap · market cap 8.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.264
    Latitude
    37.7976

    FAQs

    What type of property is this?
    Office units - Light-filled office condo in Oakland Chinatown, convenient location.
    Where is this office units located?
    The property is located at 9Th St Unit 308 Oakland, CA.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: Prime location in the heart of Oakland Chinatown, offering unmatched convenience to banks, shops, restaurants, and medical offices.; Easy commuting with quick access to freeways 880, 580, and 980, and close proximity to Lake Merritt BART.; **Secured building with secured entrance, intercom system, and 24/7 surveillance throughout the premises and parking areas.**
    More about this property
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