Live-Work Office
201 3Rd St Oakland, CA 94607
For Sale
$599,000
For sale live-work/office space offered by appointment only, with potential live-work use subject to HOA approval.
Property Size1,475 SF
Price / SF$406.10
Days on Market10
Property Features for 201 3Rd St
General Information
Standard status
Active
Size
1,475 SF
Property subtype
Industrial
Building Details
Year Built
1914
Listing Agency:
(510) 339-6460
Listed By:
Compass
Source:
Xome
Added: Jul 20
Changed: Jul 26
Last Checked: Jul 29 at 4:13AM
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 Compass
Investment Insights
Based on property information with market context.
This for-sale live-work/office space is being marketed by appointment only, and current tenant occupancy requires that prospective parties do not disturb the tenant. The property includes a potential live-work option, but that use is subject to HOA approval.
The offering is positioned for buyers who can work within the HOA approval requirements for any live-work conversion, while retaining the property’s office-oriented configuration.
Access to the property is limited to scheduled showings only.
The offering is positioned for buyers who can work within the HOA approval requirements for any live-work conversion, while retaining the property’s office-oriented configuration.
Access to the property is limited to scheduled showings only.
Key Highlights
- Corner lot live/work and/or office space with 1 parking space
- Year built: 1914
- Cooling listed as none
Financial Insights For Mixed Use
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 | $40.7k | $27.60 |
| − Vacancy | −$4.9k | −$3.31 |
| EGI | $35.8k | $24.29 |
| − OpEx | −$13.4k | −$9.11 |
| NOI | $22.4k | $15.18 |
1,475 SF · lease $27.60/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$319.9K
$279.9K – $373.2K
NOI $22,391 @ 7.0% cap · market cap 3.74%
Second Best
Office B
$282.5K
$247.2K – $329.6K
NOI $19,774 @ 7.0% cap · market cap 3.30%
Theoretical Best
Multifamily LT 5
$482.9K
$422.6K – $563.4K
NOI $33,804 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Live-work space - For sale live-work/office space offered by appointment only, with potential live-work use subject to HOA approval.
Where is this live-work space located?
The property is located at 201 3Rd St Oakland, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Corner lot live/work and/or office space with 1 parking space; Year built: 1914; Cooling listed as none
