Five-Unit Office/Retail
1719 Jefferson Street Oakland, CA 94612
1719 Jefferson Street, Oakland, CA, 94612
$675,000
For Sale
$675,000
Five-unit office and retail building with 2nd-level mezzanine space in each unit.
Property Size2,942 SF
Price / SF$229.44
Days on Market35
Property Features for 1719 Jefferson Street
General Information
- Standard status
- Active
- Size
- 2,942 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1924
Listing agency
Bruce H. Bean, Broker
(650) 685-1644
Listed by
Suheil Sahouria · License #01408008
Source
Xome
Added: Jun 17 Updated: Jul 20 at 7:45PM Checked: Jul 21 at 3:53AM
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 Bruce H. Bean, Broker
Investment Insights
Based on property information with market context.
This for-sale, five-unit office/retail building presents an owner-user opportunity with flexibility to configure one to five separate units. Each unit includes a 2nd-level mezzanine, providing additional internal space within the existing layout.
The property is located at 1719 Jefferson Street in Oakland, positioned about two blocks east of Telegraph Avenue and near CA 980 to the west. This central setting supports a mix of service and professional office uses.
With mezzanines throughout and a building design that can accommodate multiple demised units, the property is well suited for tenants or an owner planning a customized split between office and retail-type spaces.
The property is located at 1719 Jefferson Street in Oakland, positioned about two blocks east of Telegraph Avenue and near CA 980 to the west. This central setting supports a mix of service and professional office uses.
With mezzanines throughout and a building design that can accommodate multiple demised units, the property is well suited for tenants or an owner planning a customized split between office and retail-type spaces.
Key Highlights
- Five‑unit office and retail building in downtown Oakland
- Zoned CN
- Year built: 1924
Local Financial Insights For Retail
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 | $86.1k | $29.28 |
| − Vacancy | −$4.7k | −$1.58 |
| EGI | $81.5k | $27.70 |
| − OpEx | −$24.4k | −$8.31 |
| NOI | $57.0k | $19.39 |
2,942 SF · lease $29.28/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$814.9K
$713.0K – $950.7K
NOI $57,043 @ 7.0% cap · market cap 8.45%
Second Best
Office B
$563.5K
$493.0K – $657.4K
NOI $39,442 @ 7.0% cap · market cap 5.84%
Theoretical Best
Multifamily LT 5
$963.2K
$842.8K – $1.12M
NOI $67,424 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Five-unit office and retail building with 2nd-level mezzanine space in each unit.
Where is this office units located?
The property is located at 1719 Jefferson Street Oakland, CA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Five‑unit office and retail building in downtown Oakland; Zoned CN; Year built: 1924
