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    2044 Franklin St Oakland, CA 94612

    • Apartment buildings
    • 21,220 SF
    • 0.59 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US09-6544292
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • SensTek / Association Or Organization
    • QUiVX e-Discovery / Legal Services / Paralegal Services Provider
    • Port Labs / Makerspace / Research And Product Development
    • ICA / Investment Service / Business Development Service
    • Silicon Valley Advantage / Corporate Office

    Property Details for 2044 Franklin St

    Year built
    1966
    Construction
    TILT-UP CONCRETE
    Lot size
    0.59 lot acres
    Property size
    21,220 SF
    Property type
    Apartment buildings
    APN
    8-651-18-1
    APU
    8651181

    Description

    This exceptional redevelopment opportunity presents a 25,500 square foot, 0.59-acre site located at 2044 Franklin Street in Oakland, California's highly desirable Uptown District. Zoned Central Business District Commercial (CBD-C), this vacant property offers significant potential for a mixed-use development. Previously occupied by Bank of America as a single-tenant office space, the site is entitled for a 357-unit multifamily project. The proposed development includes a mix of studio, one-bedroom, and two-bedroom units, along with approximately 5,385 square feet of amenity space. Amenities will include a leasing center, mail center, rooftop deck, outdoor cafe, and fitness studio. The 22-story building was constructed in 1966 and sits on a parcel identified by APN 8-651-18-1 in Alameda County, zip code 94612. This prime location within the vibrant Uptown District offers unparalleled access to Oakland's thriving downtown area. The property's size and zoning provide a unique opportunity for a high-density, mixed-use development catering to the growing demand for urban living. This is a for-sale-by-owner opportunity for investors seeking a significant redevelopment project in a dynamic and rapidly growing market.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.266
    Latitude
    37.8096
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $357,771
    $16,247,840
    $331,920
    $16,579,760
    -
    $0.00
    $0.00
    $0.00

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    2044 Franklin St
    Oakland, CA 94612
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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