Property profile

1719 Jefferson St Oakland, CA 94612

FOR SALE
Retail space
Property ID
US09-6544185
2,942 SF 0.03 ac lot Built 1924
Trust Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,830 square foot office building, located at 1719 Jefferson Street in Oakland, California's Central Business District (CBD), presents a unique owner-user opportunity. Currently vacant, this Class C property offers incredible versatility, suitable for a wide range of uses including creative office, medical office, or traditional office space. The flexible layout allows for division into one to five individual units, making it ideal for a multi-tenant operation or a single large user. Each unit boasts a second-level mezzanine, adding valuable square footage and creating distinct areas. The building is situated amidst a thriving area experiencing significant growth in residential and commercial development, ensuring strong future potential. The asking price is $995,000, translating to $351.59 per square foot. Seller financing may be available. This fee-simple ownership provides a rare chance to acquire a well-positioned property in a dynamic Oakland neighborhood. The property's zoning permits use within the CBD, offering a wide range of possibilities for businesses seeking a prime location. The building's adaptability makes it perfect for various service-based businesses, such as salons, spas, or professional offices (accounting, real estate, insurance, or legal practices). This is an excellent investment opportunity for an owner-occupier seeking a flexible and strategically located space in a rapidly developing area of Oakland.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1924
Construction TILT-UP CONCRETE
Total area 2,942 SF
Lot 0.03 ac (1,500 SF)
APN 3-61-12
UPID US09-6544185

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1719 Jefferson St Oakland, CA 94612
Oakland metro Census 402802 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$660k
CAP Approach CAP
$880k
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$865k

Owner & transaction history

since 2020
Last sale
$740,000
7 recorded transactions
2020
Price N/A
2018
Price N/A
2007
$740,000
1999
$100,000
1996
Price N/A
1993
Price N/A
1980
$27,500

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $1.3M +78.7%
Commercial (general) $1.1M +61.3%
Medical building $990,000 +41.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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