3645 Grand AveOakland, CA 94610

  • Office properties
  • 20,495 SF
For Lease
$42/SF/YR View listing

Property Details for 3645 Grand Ave

Year built
1963
Construction
WOOD
Lot size
0.18 AC
Property size (Sq ft)
20,495 SF
Property type
Office properties
Property subtype
Office buildings
APN
10-835-21-1
APU
10835211

Description

This exceptional executive office space, located at 3645 Grand Ave, Oakland, CA 94610, offers 4,700 square feet of immediately available space within a larger 20,495 square foot building. The property, situated on a 0.179-acre lot and boasting a convenient cross street access via Cochrane Rd, is classified as a Class B building constructed in 1965. The single-story structure features high-end finishes throughout, reflecting a complete renovation. Improvements include a new HVAC system, electrical upgrades, updated plumbing, a new sprinkler system, enhanced security measures, a completed seismic retrofit, and full ADA accessibility. Units range from a minimum of 865 square feet to a maximum contiguous space of 2,775 square feet, making it ideal for a variety of business needs. The building offers ample parking with 3 spaces available. This is a rare opportunity to secure fully modernized office space in a desirable Oakland location. The property is situated in Alameda County and offers multiple tenancy options. Don't miss this chance to establish your business in a revitalized and well-equipped environment.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,676,686
    6.5%
    $5,240,018
    7%
    $4,865,731
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,229,960
    Geo Method
    $5,716,260
  • Alternative Use

    Use
    Valuation
    Residential
    $6,497,622
    Hospitality
    $5,951,787
    Educational
    $4,951,817
    Medical
    $5,122,118
    Retail
    $7,702,826
3645 Grand Ave, Oakland, California
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Location Insight

City
Oakland
County
Alameda
State
California
Latitude
37.8159
Longitude
-122.246
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
$64,625
$3,499,616
$1,093,630
$4,593,246
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