Boutique Creative Office
1451 Leimert Blvd Oakland, CA 94602
New
1451 Leimert Blvd, Oakland, CA, 94602
Contact for pricing
For Sale
Contact for pricing
Boutique creative office building offered for sale at 1451 Leimert Blvd.
Property Size5,000 SF
Price / SF$390
Days on Market5
Property Features for 1451 Leimert Blvd
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Office
Listing agency
Wells & Bennett Realtors - Oakland
(925) 550-9540
Listed by
Kelly Klingler · License #CA 01052191
Source
Crexi
Added: Jul 18 Updated: Jul 22 at 11:24AM Checked: Jul 22 at 11:24AM
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 Wells & Bennett Realtors - Oakland
Investment Insights
Based on property information with market context.
This boutique office/creative commercial building is offered for sale with an emphasis on character and flexibility for owner-users. The property is positioned as a smaller, non-commodity office option relative to large downtown tower competition.
The building is located at 1451 Leimert Blvd in Oakland, with Oakland Hills proximity noted in the property description.
Additional operational details such as unit mix, layout, or improvements are not provided in the available information.
The building is located at 1451 Leimert Blvd in Oakland, with Oakland Hills proximity noted in the property description.
Additional operational details such as unit mix, layout, or improvements are not provided in the available information.
Key Highlights
- Boutique creative office building for sale at 1451 Leimert Blvd.
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 | $117.6k | $23.52 |
| − Vacancy | −$28.2k | −$5.64 |
| EGI | $89.4k | $17.88 |
| − OpEx | −$22.3k | −$4.47 |
| NOI | $67.0k | $13.41 |
5,000 SF · lease $23.52/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$957.6K
$837.9K – $1.12M
NOI $67,032 @ 7.0% cap · market cap 3.44%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.64M
$1.43M – $1.91M
NOI $114,589 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Kelly Klingler - Wells ...
Real Estate Agency
Tess Blengino, Realtor®️
Real Estate Agency
Wells & Bennett: Don ...
Real Estate Agency
Wells & Bennett
Real Estate Agency
Wells & Bennett Realtors: ...
Real Estate Agency
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FAQs
What type of property is this?
Creative space - Boutique creative office building offered for sale at 1451 Leimert Blvd.
Where is this creative space located?
The property is located at 1451 Leimert Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Boutique creative office building for sale at 1451 Leimert Blvd.
