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Remodeled Mixed-Use Building
For Sale
$1,650,000

8801 International Blvd, Oakland, CA 94621

Three-level mixed-use property remodeled in 2024–2025, delivering vacant at closing with office and residential income flexibility.

Property Size6,444 SF
Price / SF$256.05
Days on Market110

Property Features for 8801 International Blvd

General Information

Standard status Active
Size 6,444 SF
Property subtype Commercial/Industrial

Building Details

Year Built 1920
Year Renovated 2025
Stories 3
Listing Agency: The Pinza Group, Inc
Listed By: David Howarth · License #01360348
Source: Exitrealty
Added: Jul 5 Changed: Oct 19 Last Checked: Oct 19 at 3:58AM

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 The Pinza Group, Inc

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Investment Insights

Based on property information with market context.

This fully remodeled mixed-use building was originally built in 1920 and has been extensively updated during 2024 and 2025. The property is configured across three levels and will be delivered vacant at closing. The lower level features a large open space along with a separate 2-bedroom, 1-bath apartment unit. The middle and upper levels offer large open areas plus numerous office or residential unit options.

Improvements include new kitchens and bathrooms, upgraded electrical and plumbing, new wood flooring, and newer interior and exterior paint. The seller describes the exterior and interior as in great condition with no deferred maintenance, supporting a turn-key handoff for the next owner.

For planning purposes, the offering represents approximately 6,444 square feet of rental space and includes seller financing availability for well-qualified buyers. WalkScore 82 indicates a very walkable setting, with BikeScore 56 and transitScore 53 reported as good for bike and transit access.

Key Highlights

  • Three‑level mixed‑use property originally built in 1920, offering approximately 6,444 SF of rental space
  • Extensively remodeled in 2024 and 2025 and delivered vacant at closing for owner‑user or investor use
  • Lower level features a large open space plus a separate 2 bed/1 bath apartment unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$136,065
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,721,300 $2.7M
Cap Rate 7%
$1,943,786 $1.9M
Cap Rate 9%
$1,511,833 $1.5M
Market Conditions
NOI Build-Up for 6,444 SF
Gross rent
$259.0K $40.20/SF
− Vacancy
−$11.7K −$1.81/SF
EGI
$247.4K $38.39/SF
− OpEx
−$111.3K −$17.28/SF
NOI
$136.1K $21.12/SF
Area
Oakland, CA
Vacancy
4.50%
Lease Rate
$40.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,721,300
Cap Rate 7%
$1,943,786
Cap Rate 9%
$1,511,833

Alternative Uses

Best Use
Apartment 5plus
$1.94M
$1.70M – $2.27M (±1% cap)
NOI $136,065 @ 7.0% cap · market cap 8.25%
Second Best
Office B
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,391 @ 7.0% cap · market cap 5.24%
Theoretical Best
Multifamily LT 5
$2.11M
$1.85M – $2.46M (±1% cap)
NOI $147,682 @ 7.0% cap · market cap 8.95%
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

Office buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Spa & Massage Center

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

830
Businesses Nearby

Demographics for 94621, CA

35,816
Population
11,078
Households
3.2
Avg Household Size
32
Median Age
13%
College-Educated
67%
High-School Grad
8.5 sq mi
ZIP Area
4,214
Density / Sq Mi
$53,106
Median Household Income
$35,199
Median Earnings
$1,527
Median Rent
$537,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 building - Three-level mixed-use property remodeled in 2024–2025, delivering vacant at closing with office and residential income flexibility.
Where is this office building located?
The property is located at 8801 International Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Three‑level mixed‑use property originally built in 1920, offering approximately 6,444 SF of rental space; Extensively remodeled in 2024 and 2025 and delivered vacant at closing for owner‑user or investor use; Lower level features a large open space plus a separate 2 bed/1 bath apartment unit
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