Office Condo
324 10th St #203 Oakland, CA 94607
324 10th St #203, Oakland, CA, 94607
$88,000
For Sale
$88,000
Compact commercial office condo offers flexible use within a 1920 building in Oakland’s Lake Merritt Station District.
Property Size300 SF
Price / SF$293.33
Days on Market65
Property Features for 324 10th St #203
General Information
- Standard status
- Active
- Size
- 300 SF
- Property subtype
- OFC
Building Details
- Year Built
- 1920
Listing agency
KW Commercial Oakland
(510) 368-8347
Listed by
Aziz Khatri · License #01050721/02029039,CA
(510) 368-8347
Source
Realnex
Added: May 18 Updated: Jul 10 at 1:48PM Checked: Jun 5 at 2:29AM
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 KW Commercial Oakland
Investment Insights
Based on property information with market context.
This offering is a commercially zoned office condo unit configured as a compact suite of approximately 300 square feet. It is located within a building constructed in 1920 and is presented for a range of commercial office uses consistent with the property’s zoning. The unit is identified as Suite 203 at 324 Tenth Street.
The property is situated in Oakland, California, within the Lake Merritt Station District. The location in a well-defined district can support tenants seeking an Oakland address and proximity to the station area.
For buyers or operators looking for a smaller, dedicated office space, this condo format can be an efficient option. The layout is sized for day-to-day office use, and the combination of commercial zoning and an existing suite configuration provides a straightforward path for professional office occupants interested in operating from Suite 203.
The property is situated in Oakland, California, within the Lake Merritt Station District. The location in a well-defined district can support tenants seeking an Oakland address and proximity to the station area.
For buyers or operators looking for a smaller, dedicated office space, this condo format can be an efficient option. The layout is sized for day-to-day office use, and the combination of commercial zoning and an existing suite configuration provides a straightforward path for professional office occupants interested in operating from Suite 203.
Key Highlights
- Commercially zoned office condo unit at 324 Tenth Street, Suite 203, Oakland, CA
- 300 SF unit within a building built in 1920
- Located in Oakland’s Lake Merritt Station District
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 | $7.1k | $23.52 |
| − Vacancy | −$1.7k | −$5.64 |
| EGI | $5.4k | $17.88 |
| − OpEx | −$1.3k | −$4.47 |
| NOI | $4.0k | $13.41 |
300 SF · lease $23.52/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$57.5K
$50.3K – $67.0K
NOI $4,022 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$98.2K
$85.9K – $114.6K
NOI $6,875 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Simon Tang Chinese ...
Medical Clinic
Cities Driving School
Training Center
Near By Insurance ...
Insurance Agency
Hoang Le Tax, ...
Corporate Office
AccuSource
Employment Agency
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FAQs
What type of property is this?
Office units - Compact commercial office condo offers flexible use within a 1920 building in Oakland’s Lake Merritt Station District.
Where is this office units located?
The property is located at 324 10th St #203 Oakland, CA.
What is the asking price?
The asking price for this property is $88,000.
What are key features of this property?
This property features: Commercially zoned office condo unit at 324 Tenth Street, Suite 203, Oakland, CA; 300 SF unit within a building built in 1920; Located in Oakland’s Lake Merritt Station District
