Oakland Office Building Investment
737 2Nd St # 101 #101 Oakland, CA 94607
737 2Nd St # 101 #101, Oakland, CA, 94607
$599,000
For Sale
$599,000
Historic Oakland building, renovated, ideal for office or investment.
Property Size3,441 SF
Price / SF$174.08
Days on Market393
Property Features for 737 2Nd St # 101 #101
General Information
- Standard status
- Active
- Size
- 3,441 SF
Building Details
- Year Built
- 1920
Listing Agency
OAK TREE PROPERTY GROUP
(510) 255-2248
Listed by
STEPHEN PAGONES · License #DRE #01760998
Source
Corcoran
Added: Jun 19, 2025 Checked: Mar 16 at 9:08 am
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 OAK TREE PROPERTY GROUP
Investment Insights
Based on property information with market context.
The commercial property at 737 2nd St # 101, located in Oakland, presents an investment opportunity. The building, constructed in 1920 and renovated in 2000, contains one unit within its 3,441 square feet. The property is suitable for an office or office building investment, accommodating the needs of the modern workforce.
Key Highlights
- Generous 3,441 SF building suitable for office or office building investment.
- Located in the coveted Oakland area.
- Historic structure built in 1920.
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 | $80.9k | $23.52 |
| − Vacancy | −$19.4k | −$5.64 |
| EGI | $61.5k | $17.88 |
| − OpEx | −$15.4k | −$4.47 |
| NOI | $46.1k | $13.41 |
3,441 SF · lease $23.52/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$659.0K
$576.6K – $768.9K
NOI $46,131 @ 7.0% cap · market cap 7.70%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.13M
$985.8K – $1.31M
NOI $78,860 @ 7.0% cap · market cap 13.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Avocet Sales & Marketing
Factory
Phoenix Lofts Condos
Condominium Complex
Kahn/Mortimer/Associates
Architect
Verner Architects
Architecture Firm
Gray, Greer, Shelby ...
Consultant
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Historic Oakland building, renovated, ideal for office or investment.
Where is this office building located?
The property is located at 737 2Nd St # 101 #101 Oakland, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Generous 3,441 SF building suitable for office or office building investment.; Located in the coveted Oakland area.; Historic structure built in 1920.
