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    Property profile & analytics

    2879-2887 38Th Ave Oakland, CA 94619

    • Retail properties
    • 3,326 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 2879-2887 38Th Ave

    Year built
    1927
    Property size
    3,326 SF
    Property type
    Retail properties
    Property subtype
    Retail space

    Description

    This exceptional Oakland retail property, located at 2879-2887 38th Avenue, offers two available spaces totaling 2,400 square feet in a 3,326 square foot building. Situated in Alameda County, with a convenient location near Highway 580, this Class C property boasts excellent street frontage and signage opportunities. Built in 1927, the two-story building features beautiful hardwood floors and ample natural light. Each unit includes a private restroom, and one unit even offers a shower. Recent renovations enhance the flexibility and style of this multiple-tenancy storefront. The property is zoned RM-3/C (APN: 32-2052-3) and benefits from responsive management. The available space presents a unique opportunity for businesses seeking a distinguished location in Oakland, with the added benefit of a free first month's rent. The cross street is Penniman Avenue, and the property's address is 2879-2887 38th Avenue, Oakland, CA 94619. There are no elevators in this building.

    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
    -122.204
    Latitude
    37.7873

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
      3,438 SF

      3000 38th Ave

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    • Value Estimation by Request
      4,000 SF

      3715 Macarthur Blvd

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    • Value Estimation
      $290,000
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      4116 Macarthur Blvd

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
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    • Value Estimation
      $590,000
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      4148 Macarthur Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,917 SF
      4148 Macarthur Blvd, Oakland, CA 94619-1906
      View Details
    • Value Estimation
      $280,000
      2,700 SF

      4166 Macarthur Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,700 SF
      4166 Macarthur Blvd, Oakland, CA 94619-1906
      View Details

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    Similar Nearby for Lease

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    2879-2887 38Th Ave
    Oakland, CA 94619
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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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