Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2350 29th St Oakland, CA 94606-3500
    Back to Search
    Property profile & analytics

    2350 29th St, Oakland, CA 94606-3500

    View on Map
    • Assisted living facilities
    • 29,001 SF
    • 1.34 lot acres
    Off-Market
    Property ID
    US09-8376198
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $525,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Assisted living facilities

    Property Details for 2350 29th St

    Lot size
    1.34 lot acres
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    26-792-19-16
    APU
    267921916

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 26, 2019 — Pacifica Oakland LLC — Grant Deed · related $16M · Bank Of The West
    Mar 27, 2015 — Pacifica Oakland LLC — Trustees Deed · related $18.5M · Northern Tr
    Jul 2, 2014 $18,470,000 Pacifica Oakland LLC Salem Lutheran Home Assn Of Bay C Grant Deed $11.6M · Northern Tr
    Apr 19, 1996 — Lutheran Home Assn Bay C Salem — Deed Of Trust · related $8.7M · Statewide Health Planning & De
    Aug 20, 1992 — Victor P Mohorovich Trust Mohorovich,v. Quit Claim Deed · related —
    — — Lutheran Home Assn Bay C Salem — Deed Of Trust · related —
    — — Salem Lutheran Hm Assn Of Bay Cit — Deed Of Trust · related $4.4M · City National Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $545,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $507,000
      Market price range: $481k - $1.85M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.225
    Latitude
    37.7954
    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
    $59,802
    $1,376,196
    $2,382,421
    $3,758,617
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,498 SF

      2362 29th St

      HOMES (RETIRED, NURSING)
      2362 29th St, Oakland, CA 94606
      View Details
    • Value Estimation by Request
      4,251 SF

      525 18th St

      HOMES (RETIRED, NURSING)
      525 18th St, Oakland, CA 94606-2413
      View Details
    • Value Estimation
      $2,605,000
      4,680 SF

      1525 7th Ave

      HOMES (RETIRED, NURSING)
      1525 7th Ave, Oakland, CA 94606-2919
      View Details
    • Value Estimation
      $655,000
      25,009 SF

      1833 10th Ave

      HOMES (RETIRED, NURSING)
      1833 10th Ave, Oakland, CA 94606-3023
      View Details
    • Value Estimation by Request
      11,345 SF

      1901 3rd Ave

      HOMES (RETIRED, NURSING)
      1901 3rd Ave, Oakland, CA 94606-1853
      View Details
    • Value Estimation
      $1,455,000
      94,619 SF

      2361 29th St

      HOMES (RETIRED, NURSING)
      2361 29th St, Oakland, CA 94606-3511
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,608 SF

      Oakland Multifamily Complex For Sale

      23-unit apartment complex in Oakland's Highland Park neighborhood.
      1810 25Th St, Oakland, CA 94606
      View Details
    • $1,699,000

      Equipped Auto Shop For Sale

      7,500 sq. ft. auto shop with premium improvements.
      1200 E 12Th St, Oakland, CA 94606
      View Details
    • $750,000

      Oakland Commercial Property For Sale

      Two-story, 5,600 SF commercial building in Oakland's San Antonio neighborhood.
      1649 12Th Ave, Oakland, CA 94606
      View Details
    • Contact for pricing

      Oakland Parcel with Small Building

      5,667± SF parcel in Opportunity Zone, CN-3 Zoning.
      901 E 12Th St, Oakland, CA 94606
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,250 SF

      Oakland Office Space For Rent

      Second floor office with exposed brick, ample parking, natural light.
      2105 Livingston St, Oakland, CA 94606
      View Details
    • Contact for pricing
      28,000 SF

      Oakland Warehouse with Dock Doors

      28,000 SF warehouse with 10 dock doors for lease.
      1905 Dennison St, Oakland, CA 94606
      View Details
    • Contact for pricing
      79,592 SF

      Versatile Flex Space in Oakland

      Move-in ready flex space with offices, warehouse, and amenities.
      1830 Embarcadero, Oakland, CA 94606
      View Details
    • Contact for pricing
      5,000 SF

      Oakland Commercial Space For Lease

      Commercial space available for lease in Oakland, California.
      2121 Diesel St, Oakland, CA 94606
      View Details
    • $4,400 /Mo
      60,974 SF

      Oakland Flex Space Available

      Move-in ready flex space in the heart of the Bay Area.
      22nd Ave #7, Oakland, CA 94606
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2350 29th St
    Oakland, CA 94606-3500
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2350 29th St, Oakland, CA, 94606
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!