Mixed-Use Property with
For Sale
$499,999
2150 35Th Ave, Oakland, CA 94601
Ground-level commercial space accompanies two updated residential units and a private backyard.
Property Size1,795 SF
Price / SF$278.55
Days on Market49
Property Features for 2150 35Th Ave
General Information
Standard status
Active
Size
1,795 SF
Property subtype
Multi Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units
2
Amenities
backyard
Building Details
Year Built
1910
Listing Agency:
eXp Realty of California, Inc.
(888) 584-9427
Listed By:
Christina Pineda · License #02089190
(925) 440-9747
Source:
Exitrealty
Added: Aug 20
Changed: Sep 9
Last Checked: Sep 15 at 5:35AM
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 eXp Realty of California, Inc.
Investment Insights
Based on property information with market context.
Located at 2150 35th Ave in Oakland, this mixed-use property combines a ground-floor storefront or workspace with two refreshed residential units above. The residential configuration includes a two-bedroom, one-bath unit and a three-bedroom, two-bath unit, while the lower level has a business use permit and can accommodate retail, office, art studio, or other creative-space functions.
County records identify 3 units and 1,795 square feet. Interior improvements include new paint, fixtures, LED lighting, GFCI outlets, smoke alarms, and refinished bathtubs. Exterior work includes a newer roof, gutters, siding, French drains, a trenchless sewer line, and solar-powered motion detectors. The property also includes a backyard with space for gardening, barbecuing, or outdoor use.
The location is near schools, shopping, local eateries, Fruitvale BART, and I-580. Walk Score is 76, Transit Score is 56, and Bike Score is 67.
County records identify 3 units and 1,795 square feet. Interior improvements include new paint, fixtures, LED lighting, GFCI outlets, smoke alarms, and refinished bathtubs. Exterior work includes a newer roof, gutters, siding, French drains, a trenchless sewer line, and solar-powered motion detectors. The property also includes a backyard with space for gardening, barbecuing, or outdoor use.
The location is near schools, shopping, local eateries, Fruitvale BART, and I-580. Walk Score is 76, Transit Score is 56, and Bike Score is 67.
Key Highlights
- 3‑unit mixed‑use property with 1,795 sq ft, per county records
- Ground‑level storefront or workspace with a business use permit
- Two residential units: 2BD/1BA and 3BD/2BA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,289
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,780
$785.8K
Cap Rate 7%
$561,271
$561.3K
Cap Rate 9%
$436,544
$436.5K
Market Conditions
NOI Build-Up for 1,795 SF
Gross rent
$68.9K $38.40/SF
− Vacancy
−$16.5K −$9.22/SF
EGI
$52.4K $29.18/SF
− OpEx
−$13.1K −$7.30/SF
NOI
$39.3K $21.89/SF
Area
ZIP 94601
Vacancy
24.00%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,780
Cap Rate 7%
$561,271
Cap Rate 9%
$436,544
Alternative Uses
Best Use
Office B
$561.3K
$491.1K – $654.8K
NOI $39,289 @ 7.0% cap · market cap 7.86%
Second Best
Apartment 5plus
$546.0K
$477.7K – $637.0K
NOI $38,219 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$731.7K
$640.2K – $853.6K
NOI $51,216 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,406
Businesses Nearby
Explore this area
Business Placement
Demographics for 94601, CA
54,166
Population
17,454
Households
3.1
Avg Household Size
35
Median Age
24%
College-Educated
70%
High-School Grad
3.2 sq mi
ZIP Area
16,927
Density / Sq Mi
$66,651
Median Household Income
$37,765
Median Earnings
$1,651
Median Rent
$703,100
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-level commercial space accompanies two updated residential units and a private backyard.
Where is this mixed-use property located?
The property is located at 2150 35Th Ave Oakland, CA.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: 3‑unit mixed‑use property with 1,795 sq ft, per county records; Ground‑level storefront or workspace with a business use permit; Two residential units: 2BD/1BA and 3BD/2BA
