Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2363 Humboldt Ave Oakland, CA 94601-3237

    • Apartment buildings
    • 5,496 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimations
    $855,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8397525
    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.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 2363 Humboldt Ave

    Year built
    1960
    Construction
    WOOD
    Lot size
    0.22 lot acres
    Property size
    5,496 SF
    Property type
    Apartment buildings
    APN
    27-896-7-1
    APU
    2789671

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,043,000
      Market price range: $703k - $1.20M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $935,000
      Current use
      OFFICE BUILDING
      $1,325,000
      Change: +42% Conversion: Moderate
      RETAIL STORES
      $1,080,000
      Change: +16% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,065,000
      Change: +14% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.214
    Latitude
    37.7882
    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
    $21,042
    $319,155
    $744,127
    $1,063,282
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,315,000
      7,918 SF

      1426 29th Ave

      APARTMENT HOUSE (5+ UNITS) • 7,918 SF
      1426 29th Ave, Oakland, CA 94601-2309
      View Details
    • Value Estimation
      $550,000
      3,190 SF

      2280 35th Ave

      APARTMENT HOUSE (5+ UNITS) • 3,190 SF
      2280 35th Ave, Oakland, CA 94601-3255
      View Details
    • Value Estimation
      $790,000
      12,330 SF

      1616 35th Ave

      APARTMENT HOUSE (5+ UNITS) • 12,330 SF
      1616 35th Ave, Oakland, CA 94601-3664
      View Details
    • Value Estimation
      $785,000
      5,173 SF

      2045 38th Ave

      APARTMENT HOUSE (5+ UNITS) • 5,173 SF
      2045 38th Ave, Oakland, CA 94601-3774
      View Details
    • Value Estimation
      $2,015,000
      13,762 SF

      3012 18th St

      APARTMENT HOUSE (5+ UNITS) • 13,762 SF
      3012 18th St, Oakland, CA 94601
      View Details
    • Value Estimation
      $1,940,000
      13,704 SF

      3014 19th St

      APARTMENT HOUSE (5+ UNITS) • 13,704 SF
      3014 19th St, Oakland, CA 94601-2495
      View Details

    Similar Nearby for Sale

    • $795,000
      4,248 SF

      Oakland Multifamily Investment Opportunity

      Six-unit apartment building in Oakland with significant rental upside.
      Rosedale Ave, Oakland, CA 94601
      View Details
    • $995,000
      3,688 SF

      Oakland Multifamily Investment Opportunity

      Seven-unit property with significant rental upside potential.
      27Th Ave, Oakland, CA 94601
      View Details
    • $825,000
      3,537 SF

      Oakland Multifamily Investment Opportunity

      Six-unit multifamily property in Oakland with value-add potential.
      Miller Ave, Oakland, CA 94601
      View Details
    • $1,400,000
      4,222 SF

      Oakland 8-Unit Apartment Building

      Value-add multifamily investment opportunity.
      3114 Ashbrook Ct, Oakland, CA 94601
      View Details
    • $1,199,000
      5,148 SF

      Oakland Apartment Building For Sale

      Spacious 5,148 sq ft apartment building in Oakland.
      3002 Bona St, Oakland, CA 94601
      View Details
    • $699,000

      Oakland Multifamily Property For Sale

      Corner building with 10 units, fully occupied, near amenities.
      1718 High St, Oakland, CA 94601
      View Details

    Similar Nearby for Lease

    • $2,914 /Mo
      814 SF

      Oakland Mixed-Use Flexible Space

      Versatile live/work space in a rapidly developing Oakland location.
      3532 San Leandro St, Oakland, CA 94601
      View Details
    • Contact for pricing

      Oakland Industrial Outdoor Storage Opportunity

      Outdoor storage with access from three streets and multiple doors.
      450-470 Howard St, Oakland, CA 94601
      View Details
    • Contact for pricing
      6,500 SF

      Oakland Warehouse with Gated Parking

      6,500 SF warehouse with private entrances and gated parking.
      1499 41St Ave, Oakland, CA 94601
      View Details
    • Contact for pricing

      Fenced Yard with Industrial Shop

      7.98-acre fenced yard with a 7,957 SF industrial shop.
      4831 Tidewater Ave, Oakland, CA 94601
      View Details
    • Contact for pricing
      534,242 SF

      Oakland Warehouse Space Available

      Large warehouse space available for lease in Oakland, California.
      5441 International Blvd, Oakland, CA 94601
      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.
    2363 Humboldt Ave
    Oakland, CA 94601-3237
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!