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Financial
Distress signals
Property profile

340 23rd Ave Oakland, CA 94606

OFF-MARKET
Turn key restaurants
Property ID
US09-8497102
2,789 SF 0.6 ac lot Built 1956
Last sale Sep 2023 · $1,530,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a vacant retail/commercial space located at 340 23rd Ave in Oakland, California, with access to Hwy 880. It previously functioned as a coffee shop and closed in Q1 2022 after nearly 50 years of operation; the existing interior commercial setting is configured to accommodate retail or restaurant use subject to applicable approvals and requirements. The site has also been identified as potentially suitable for residential development, subject to zoning and land-use approvals.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value · 2024$663k
Assessed land$479k
Assessed improvement$184k
Effective rate2.81%

Value estimate

· Oct 2026
$1.20M
$1.08M – $1.32M
AI approach$1.34M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$360/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$104 – $562
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALAMEDA

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service12.9
Assisted Living Facility8.8
Toy Store8.4

Location

340 23rd Ave Oakland, CA 94606-5303
County assessor Recorded deeds · 8 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
928 12th, Oakland, CA 94606-3724 $1,015,000 Jan 2025 2,942 SF
2710 Park, Oakland, CA 94606-1523 $515,000 Oct 2024 1,925 SF
1545 12th, Oakland, CA 94606-4414 $295,000 Aug 2024 3,703 SF
2503 14th, Oakland, CA 94606-3237 $335,000 Jul 2024 2,065 SF
1928 Park, Oakland, CA 94606-1862 $150,000 Dec 2023 2,019 SF
2484 Park, Oakland, CA 94606-1520 $1,082,500 Aug 2022 2,421 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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