Oakland Mixed-Use Property for
For Sale
$930,000
2439 Adeline St, Oakland, CA 94607
Mixed-use property with flexible zoning and convenient transportation access.
Property Size3,780 SF
Price / SF$246.03
Days on Market233
Property Features for 2439 Adeline St
General Information
Standard status
Active
Size
3,780 SF
Site & Location
Neighborhood
West Oakland
Building Details
Year Built
1924
Listing Agency:
BayOne Real Estate Investment Corporation
Listed By:
Victor Kuang · License #01348626
(408) 802-6923
Source:
Myfabuloushome
Added: Mar 5
Changed: Oct 2
Last Checked: Oct 7 at 2:54PM
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 BayOne Real Estate Investment Corporation
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Investment Insights
Based on property information with market context.
The property at 2439 Adeline Street in Oakland presents an opportunity for investors to lease or reposition, or for owner-users to occupy and expand within a robust market. Zoned HBX-4 Housing and Business Mixed-Use, the property allows for a combination of uses. The area features a notable presence of industrial and heavy commercial activity. The location provides convenient access to downtown Oakland and San Francisco. Transportation is facilitated by easy access to Freeways I-80, I-580, I-880, and I-980, as well as proximity to BART. The property has a size of 3780 square feet and features a new roof, new kitchen, new side yard concrete, new water heater, and a new front door.
Key Highlights
- Excellent opportunity for investors or owner‑users.
- Flexible HBX‑4 Housing and Business Mixed‑Use zoning.
- Easy access to downtown Oakland, San Francisco, and major freeways (I‑80, I‑580, I‑880, I‑980).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,380
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,147,600
$1.1M
Cap Rate 7%
$819,714
$819.7K
Cap Rate 9%
$637,556
$637.6K
Market Conditions
NOI Build-Up for 3,780 SF
Gross rent
$104.3K $27.60/SF
− Vacancy
−$12.5K −$3.31/SF
EGI
$91.8K $24.29/SF
− OpEx
−$34.4K −$9.11/SF
NOI
$57.4K $15.18/SF
Area
Oakland, CA
Vacancy
12.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,147,600
Cap Rate 7%
$819,714
Cap Rate 9%
$637,556
Alternative Uses
Best Use
Mixed Use
$819.7K
$717.3K – $956.3K
NOI $57,380 @ 7.0% cap · market cap 6.17%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.24M
$1.08M – $1.44M
NOI $86,629 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,651
Businesses Nearby
Explore this area
Business Placement
Demographics for 94607, CA
31,067
Population
14,362
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
5,266
Density / Sq Mi
$87,937
Median Household Income
$67,107
Median Earnings
$1,875
Median Rent
$744,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with flexible zoning and convenient transportation access.
Where is this mixed-use property located?
The property is located at 2439 Adeline St Oakland, CA.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: Excellent opportunity for investors or owner‑users.; Flexible HBX‑4 Housing and Business Mixed‑Use zoning.; Easy access to downtown Oakland, San Francisco, and major freeways (I‑80, I‑580, I‑880, I‑980).
