2121 Franklin St, Oakland, CA
Four-story office building with high ceilings, skylights, and parking.
- Added:
- Jul 24, 2025
- Days on Market:
- 326
- Last Refresh:
- May 20 at 8:48 pm
Property Features for 2121 Franklin St
General Information
- Standard status
- Active
- Size
- 23,900 SF
- Lot size
- 0.16 Acres
- Property subtype
- OFFICE
Properties For Sale
at 2121 Franklin St Contact us
Listing agent Katherine Kelleher License #00924895
Listing office CBRE | Oakland (510) 874-1900
Listing date Jul 24, 2025
Source Moodyscre
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 CBRE | Oakland
HighLights
- Four interconnected floors with expansive light and air.
- Third level features soaring ceilings and vaulted wood ceilings, ideal for assembly space.
- Spacious outdoor balcony on the third level.
- Part of the downtown specific plan allowing for a variety of commercial uses.
- Upgraded power and brand new bathrooms with showers.
- Open secured parking lot adjacent to the first level.
Overview
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 | $562.1k | $23.52 |
| − Vacancy | −$134.9k | −$5.64 |
| EGI | $427.2k | $17.88 |
| − OpEx | −$106.8k | −$4.47 |
| NOI | $320.4k | $13.41 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.267
- Latitude
- 37.8104
