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Remodeled Mixed-Use Building

8801 International Blvd Oakland, CA 94621

8801 International Blvd, Oakland, CA, 94621
$1,650,000
For Sale
$1,650,000

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 Market18

Property Features for 8801 International Blvd

General Information

Standard status
Active
Size
6,444 SF
Property subtype
Commercial

Building Details

Year Built
1920
Listing agency The Pinza Group, Inc
Listed by David Howarth · License #01360348
Source Elliman
Added: Jul 5 Updated: Jul 22 at 3:38AM Checked: Jul 22 at 3:38AM

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


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

Local Financial Insights For Apartment 5plus

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 $259.0k $40.20
− Vacancy −$11.7k −$1.81
EGI $247.4k $38.39
− OpEx −$111.3k −$17.28
NOI $136.1k $21.12
6,444 SF · lease $40.20/SF/yr · vacancy 4.50% · expense 45.00%

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 local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Real Estate Agency Law Firm Dental Office HVAC Service Parking Lot & Garage Gym & Fitness Center Spa & Massage Center Computer & Electronic Repair Garden Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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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