Sign Up Successful!
You now have access to more from Realmo!
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

    3437 Lakeshore Ave Oakland, CA 94610-2307

    • Investment properties
    • 8,766 SF
    • 0.11 lot acres
    OFF-MARKET
    Last Sale
    Mar 28, 2022
    $1,010,500
    Value Estimations
    $990,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-9245337
    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

    • Lin Jia Asian Kitchen / Restaurant
    • Elegant Chimney Sweep / General Contractor / Renovation Specialist

    Property Details for 3437 Lakeshore Ave

    Year built
    1922
    Construction
    TILT-UP CONCRETE
    Lot size
    0.11 lot acres
    Property size
    8,766 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    11-838-2
    APU
    118382

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $985,000
      ML approach
      $955,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $644,000
      Market price range: $469k - $987k

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.243
    Latitude
    37.8116
    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
    $28,024
    $333,095
    $1,214,966
    $1,548,061
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.15 Acres

      3798 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.15 Acres
      3798 Grand Ave, Oakland, CA 94610-1527
      View Details
    • Value Estimation
      $1,270,000
      6,600 SF

      3320 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 6,600 SF
      3320 Grand Ave, Oakland, CA 94610-2737
      View Details
    • Value Estimation
      $635,000
      4,538 SF

      478 Lk Park Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,538 SF
      478 Lk Park Ave, Oakland, CA 94610-2730
      View Details
    • Value Estimation
      $4,985,000
      14,087 SF

      626 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 14,087 SF
      626 Grand Ave, Oakland, CA 94610-3534
      View Details
    • Value Estimation by Request
      4,159 SF

      3415 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,159 SF
      3415 Grand Ave, Oakland, CA 94610-2013
      View Details
    • Value Estimation by Request
      3,525 SF

      3506 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,525 SF
      3506 Grand Ave, Oakland, CA 94610-2010
      View Details

    Similar Nearby for Sale

    • $9,000,000
      29,200 SF

      Oakland Mixed-Use Office Building

      Five-story mixed-use office building near Lake Merritt.
      440 Grand Ave, Oakland, CA 94610
      View Details
    • $949,888
      1,662 SF

      Remodeled Duplex Near Highland Hospital

      Charming, remodeled 2-bedroom duplex in a prime Oakland location.
      3214 13Th Ave, Oakland, CA 94610
      View Details
    • $3,600,000
      16,014 SF

      Oakland Art Deco Apartment Building

      18-unit Art Deco building near Lake Merritt and 19th Street BART.
      251 Park View Ter, Oakland, CA 94610
      View Details
    • $3,253,055
      2,108 SF

      Oakland Oil Changers Investment Opportunity

      NNN leased Oil Changers with car wash in Oakland, CA.
      3418 Park Blvd, Oakland, CA 94610
      View Details
    • $899,888

      Adams Point Multi-Unit Investment

      Charming multi-unit in desirable Adams Point neighborhood, Oakland.
      254 Perkins St, Oakland, CA 94610
      View Details
    • $1,985,000

      Oakland Multifamily Investment Opportunity

      Well-maintained 6-unit apartment complex in Oakland's Ivy Hill neighborhood.
      1000 E 33Rd St, Oakland, CA 94610
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      2,263 SF

      Renovated Office Space Available

      Recently renovated office space with shared amenities for rent.
      55 Santa Clara Ave, Oakland, CA 94610
      View Details
    • $2 SF/Yr
      5,230 SF

      Renovated Office Building Near BART

      Five-story office building with recent renovations and easy freeway access.
      401-411 Grand Ave, Oakland, CA 94610
      View Details
    • $3 SF/Yr
      1,300 SF

      Renovated Restaurant Space Near Lake

      Newly renovated restaurant space with Type 1 hood and equipment.
      366 Grand Ave, Oakland, CA 94610
      View Details
    • $2,000 /Mo
      700 SF

      Oakland Retail Space Available

      Retail space available for lease in Oakland, California.
      250 Grand Ave, Oakland, CA 94610
      View Details
    • Contact for pricing
      750 SF

      Oakland Office Space Available

      750 square foot office space for rent in Oakland.
      168 Santa Clara Ave, Oakland, CA 94610
      View Details
    • Contact for pricing
      10,318 SF

      Oakland Retail Space Available

      Retail space available for rent in Oakland, California.
      3277 Lakeshore Ave, Oakland, CA 94610
      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.
    3437 Lakeshore Ave
    Oakland, CA 94610-2307
    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.