1611 Telegraph AveOakland, CA 94612

Property Details for 1611 Telegraph Ave

Year built

1922

Construction

STEEL FRAME

Lot size

0.24 AC

Property size (Sq ft)

121,676 SF

Property type

Office properties

Property subtype

Office buildings

APN

8-620-5

APU

86205

Description

Latham Square offers a unique opportunity to lease 4,009 square feet of executive office space in a landmark Oakland building. Located at 1611 Telegraph Avenue, in the heart of Oakland, CA 94612, this 15-story building boasts a total of 113,726 square feet. Built in 1927, Latham Square benefits from a recently upgraded lobby and offers convenient on-site parking. The building's prime location provides easy access to public transportation, including BART and bus lines, ensuring convenient commutes for employees. Its strategic position near the Federal Building, City Hall, and the State of California building offers unparalleled convenience and networking opportunities. Tenancy is multiple, allowing for a diverse and vibrant work environment. The building also features operable windows, enhancing natural light and ventilation, and on-site security for peace of mind. Adding to the convenience, a restaurant is located within the building itself. The property sits on a 0.24-acre lot, providing ample space for the building and its amenities. This exceptional executive office space presents a rare opportunity to establish a presence in a highly desirable and well-connected location within Alameda County. The available space totals 4,009 square feet, offering flexibility for various business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $44,661,940

  6.5%

  $41,226,408

  7%

  $38,281,664

• Comparable approach

  Method

  Valuation

  Relative Method

  $40,754,400

  Geo Method

  $33,936,652

• Alternative Use

  Use

  Valuation

  Residential

  $51,120,744

  Hospitality

  $46,826,328

  Educational

  $38,958,952

  Medical

  $40,298,812

  Retail

  $60,602,816

Location Insight

City

Oakland

County

Alameda

State

California

Latitude

37.8064

Longitude

-122.271

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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