Oakland Mixed-Use Investment
For Sale
$2,000,000
High St, Oakland, CA 94619
Mixed-use property with residential units and commercial spaces in Oakland.
Property Size8,592 SF
Lot Size0.09 Acres
Price / SF$232.77
Days on Market445
Property Features for High St
General Information
Standard status
Active
Size
8,592 SF
Lot size
0.09 Acres
Property subtype
Commercial
Site & Location
Neighborhood
Oakland Hills
Amenities
Corner Lot
Hardwood Flooring
Laminate Flooring
Building Details
Year Built
1928
Listing Agency:
OAK TREE PROPERTY GROUP
(510) 255-2248
Listed By:
STEPHEN PAGONES · License #01760998
Source:
Corcoran
Added: Aug 19, 2025
Changed: Nov 4
Last Checked: Nov 6 at 8:23AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property, constructed in 1928, is located on High Street in Oakland, California. The building features a mix of residential and commercial spaces, including 2 studio units, 3 one-bedroom/one-bath units, 5 two-bedroom/one-bath units, 1 three-bedroom/two-bath unit, and 4 commercial spaces. Select units feature upgrades such as LVT flooring, newer dual-pane windows, and updated kitchens and bathrooms. The property offers a potential value-add opportunity through rent increases, capital expenditure pass-throughs, and the possible conversion of the non-conforming unit in the back. The property has a total size of 8592 square feet.
Key Highlights
- Mixed‑use property with 15 units, blending residential and commercial spaces.
- Value‑add opportunity through rent increases and capital expenditure pass‑throughs.
- Desirable upgrades including LVT flooring, dual‑pane windows, and updated kitchens/bathrooms.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$181,421
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,628,420
$3.6M
Cap Rate 7%
$2,591,729
$2.6M
Cap Rate 9%
$2,015,789
$2.0M
Market Conditions
NOI Build-Up for 8,592 SF
Gross rent
$345.4K $40.20/SF
− Vacancy
−$15.5K −$1.81/SF
EGI
$329.9K $38.39/SF
− OpEx
−$148.4K −$17.28/SF
NOI
$181.4K $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%
$3,628,420
Cap Rate 7%
$2,591,729
Cap Rate 9%
$2,015,789
Alternative Uses
Best Use
Apartment 5plus
$2.59M
$2.27M – $3.02M
NOI $181,421 @ 7.0% cap · market cap 9.07%
Second Best
Retail
$2.38M
$2.08M – $2.78M
NOI $166,592 @ 7.0% cap · market cap 8.33%
Theoretical Best
Multifamily LT 5
$2.81M
$2.46M – $3.28M
NOI $196,909 @ 7.0% cap · market cap 9.85%
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
Location Intelligence
Trade Area within ½ mile
995
Businesses Nearby
Explore this area
Business Placement
Demographics for 94619, CA
24,867
Population
10,348
Households
2.4
Avg Household Size
41
Median Age
57%
College-Educated
89%
High-School Grad
8.3 sq mi
ZIP Area
2,996
Density / Sq Mi
$129,879
Median Household Income
$65,351
Median Earnings
$2,131
Median Rent
$997,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with residential units and commercial spaces in Oakland.
Where is this mixed-use property located?
The property is located at High St Oakland, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Mixed‑use property with 15 units, blending residential and commercial spaces.; Value‑add opportunity through rent increases and capital expenditure pass‑throughs.; Desirable upgrades including LVT flooring, dual‑pane windows, and updated kitchens/bathrooms.**
