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Property profile & analytics
FOR SALE
Office buildings
2108 Lakeshore Ave Oakland, CA 94606
Entity Owned
~
Est. High Equity
Property ID
US09-8305808
For Sale
1 / 2
$2,395,000
2108 Lakeshore Ave, Oakland, CA 94606
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1923
Construction
WOOD
Total area
7,608 SF
Lot
0.1 ac (4,426 SF)
APN
23-412-5
UPID
US09-8305808
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.18M
Comparable Approach
Comparable
$2.43M
Blend (final)
Blend
$1.97M
Owner & transaction history
Vast Collectibles LLC
Vast Collectibles LLC
since 2025
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.2M
+76.3%
Restaurant
$2.7M
+49.4%
Medical building
$2.6M
+39.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Oakland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,355,000
6.5%
$2,175,000
7%
$2,020,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,835,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,230,000
Change: +76% · Conversion: Difficult
RESTAURANT
$2,740,000
Change: +49% · Conversion: Moderate
MEDICAL BUILDING
$2,555,000
Change: +39% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,195,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$1,810,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$1.97M
Range $1.77M – $2.16M · ±10% · vs last sale $2.00M (Nov 24 2025)
Last sale anchor
$2.00M
Nov 24 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$258 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$42,417
Tax year 2023
Assessed value
$2,880,289
Assessed 2024
Previous assessed
$2,823,830
+2.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$890,880
Assessed improvement
$1,989,409
Applied tax rate
17.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1923
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
5
Total area
7,608 SF
Lot
0.1 ac (4,426 SF)
APN
23-412-5
UPID
US09-8305808
Jurisdiction
ALAMEDA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
RESTAURANT
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.6M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
RETAIL STORES
Est. value
$1.8M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1923
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
5
Lot
0.1 ac
Current owner
From public records · entity-resolved
Vast Collectibles LLC
Entity
Mailing address
602 CYPRESS PT RD, RICHMOND, CA 94801-3909
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2025
$2,000,000
Vast Collectibles LLC
Stephan C Volker
Grant Deed
$1,000,000 · Stephan Volker
Mar 30, 2006
$2,150,000
Stephan C Volker
Davis,gary & Elizabeth
Grant Deed
—
May 7, 2002
—
John R Cunningham
Cunningham,john R & Ying M
Quit Claim Deed
related
—
Sep 3, 1999
$1,100,000
John R Cunningham
Pardi,john A & Gael N
Grant Deed
$735,000 · Bank Of Oakland
Apr 21, 1989
$219,000
J. Krake
Meadows,a.&b.
Grant Deed
related
—
Jun 3, 1988
$675,000
Alfred&b Meadows
Krake,andrew
Grant Deed
$480,000 · First Nationwide Bank
—
—
John Pardi
—
Deed Of Trust
related
$300,000 · Sonoma National Bank
—
—
John Pardi
—
Deed Of Trust
related
$100,000 · Leon Bloomberg Psp
—
—
J. Krake
—
Deed Of Trust
related
$12,000 · Community Properties
—
—
Alfred&b Meadows
—
Deed Of Trust
related
$75,000 · First Union Inve
—
—
Alfred&b Meadows
—
Deed Of Trust
related
$175,000 · Individual
—
—
John Pardi
—
Deed Of Trust
related
$50,000 · Individual
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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