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Second-Floor Office Condominium

324 10th Street Unit 203, Oakland, CA 94601

For Sale
$150,000

Commercial Sale, Oakland, CA

Property Size250 SF
Price / SF$600
Days on Market47

Property Features for 324 10th Street Unit 203

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Oakland
Lot features Shopping Center, Business District
Directions From Harrison to 10th street..
Standard status Active
Size 250 SF

Building Details

Year built 1920
Building materials Stucco
Listing Agency: Realty One Group Elite
Listed By: Helen Davis · License #DRE #01773567
Added: Sep 24 Changed: Oct 1 Last Checked: Nov 9 at 8:06AM
MLS# 41149254

Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Unit 203 is a 250-square-foot commercial condominium on the second floor of a three-story mixed-use building constructed in 1920. Commercial and business units occupy the first and second floors, with residential condominium units on the top floor. The unit has no private bathroom or sink; shared facilities are available on the commercial level, and the building is accessible by elevator and stairs.

The property is in Oakland, with access to Downtown Oakland, Chinatown, public transportation, restaurants, retail, and neighborhood services.

Key Highlights

  • 250‑square‑foot commercial condominium, Unit 203
  • Second‑floor location in a three‑story mixed‑use building
  • Elevator and stair access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$5,472
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$109,440 $109.4K
Cap Rate 7%
$78,171 $78.2K
Cap Rate 9%
$60,800 $60.8K
Market Conditions
NOI Build-Up for 250 SF
Gross rent
$9.6K $38.40/SF
− Vacancy
−$2.3K −$9.22/SF
EGI
$7.3K $29.18/SF
− OpEx
−$1.8K −$7.30/SF
NOI
$5.5K $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%
$109,440
Cap Rate 7%
$78,171
Cap Rate 9%
$60,800

Alternative Uses

Best Use
Office B
$78.2K
$68.4K – $91.2K (±1% cap)
NOI $5,472 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$101.9K
$89.2K – $118.9K (±1% cap)
NOI $7,133 @ 7.0% cap · market cap 4.76%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Simon Tang Chinese ... Medical Clinic Cities Driving School Training Center Near By Insurance ... Insurance Agency Hoang Le Tax, ... Corporate Office AccuSource Employment Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Pet Store & Service Restaurant Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9,062
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Office Units in Oakland, CA

$288 Jul
$365 Aug
$298 Sep
$254 Oct

Properties on Market for Office Units in Oakland

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Elevator and stair access serve this compact commercial unit in a mixed-use building.
Where is this office unit located?
The property is located at 324 10th Street Unit 203 Oakland, CA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 250‑square‑foot commercial condominium, Unit 203; Second‑floor location in a three‑story mixed‑use building; Elevator and stair access
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Includes: Price & PSF · Cap rate · Location · Zoning

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