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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6112 La Salle Ave Oakland, CA 94611-2826

    • Investment properties
    • 11,984 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimations
    $2,275,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8359294
    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

    • Himalayan Curry House / Indian Restaurant / Restaurant
    • Montclair Shoe Repair / Shoe Repair Shop
    • Montclair Plaza Collective / Food Bank
    • Rhythm Bikes / Bicycle Shop
    • Signature Nail lounge ( Formerly Bollinger Nail Salon, Same Staff Same Everything ) / Nail Salon

    Property Details for 6112 La Salle Ave

    Year built
    1980
    Construction
    WOOD
    Lot size
    0.24 lot acres
    Property size
    11,984 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    48F-7353-14-2
    APU
    48F7353142

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,445,000
      6.5%
      $3,180,000
      7%
      $2,955,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,653,000
      Market price range: $667k - $1.91M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,640,000
      Current use
      INDUSTRIAL (GENERAL)
      $3,460,000
      Change: +31% Conversion: Moderate
      OFFICE BUILDING
      $2,890,000
      Change: +9% Conversion: Easy
      RETAIL STORES
      $2,850,000
      Change: +8% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $2,725,000
      Change: +3% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.21
    Latitude
    37.8261
    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
    $60,044
    $569,011
    $3,625,866
    $4,194,877
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $745,000
      3,290 SF

      4084 Piedmont Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,290 SF
      4084 Piedmont Ave, Oakland, CA 94611-5200
      View Details
    • Value Estimation
      $1,565,000
      10,892 SF

      4026 Piedmont Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 10,892 SF
      4026 Piedmont Ave, Oakland, CA 94611-5209
      View Details
    • Value Estimation
      $845,000
      6,880 SF

      4283 Piedmont Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 6,880 SF
      4283 Piedmont Ave, Oakland, CA 94611-4758
      View Details
    • Value Estimation
      $765,000
      4,934 SF

      4800 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 4,934 SF
      4800 Broadway, Oakland, CA 94611-4691
      View Details
    • Value Estimation
      $770,000
      4,820 SF

      3310 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 4,820 SF
      3310 Broadway, Oakland, CA 94611-5718
      View Details
    • Value Estimation
      $885,000
      6,052 SF

      4401 Piedmont Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 6,052 SF
      4401 Piedmont Ave, Oakland, CA 94611-4218
      View Details

    Similar Nearby for Sale

    • $1,350,000
      5,043 SF

      Oakland Multifamily Property with Live/Work

      Four-unit apartment building with live/work space in vibrant Piedmont Avenue.
      3820 Broadway, Oakland, CA 94611
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      18-unit building, strong cash flow, Oakland, CA
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    • $58,500

      Westover Dr

      Land
      0 Westover Dr, Oakland, CA 94611
      View Details
    • $2,230,000
      7,448 SF

      Oakland Multifamily Property for Sale

      Multifamily property in Oakland, CA, totaling 7,448 square feet.
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    • $2,500,000
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      Oakland Land with Reservoir

      1.83 acre Oakland property with existing underground reservoir.
      Bullard Dr, Oakland, CA 94611
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    • $1,400,000

      Renovated 6-Unit Building in Oakland

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    Similar Nearby for Lease

    • $1.10 SF/Yr
      10,368 SF

      Hayward Warehouse Space Available

      Warehouse space available for rent in Hayward, California.
      21335 Cabot Blvd, Hayward, CA 94611
      View Details
    • $3,000 /Mo
      650 SF

      Charming Retail Space Near Piedmont

      Boutique retail space blending historic charm with modern amenities.
      4056 Piedmont Ave, Oakland, CA 94611
      View Details
    • Contact for pricing
      2,483 SF

      Oakland Retail Buildings with Yard

      Two retail buildings totaling 10,107± SF with yard space.
      4225 Broadway, Oakland, CA 94611
      View Details
    • Contact for pricing
      2,500 SF

      Oakland Retail Space Available

      Retail space available for rent in Oakland, CA.
      2051 Mountain Blvd, Oakland, CA 94611
      View Details
    • Contact for pricing
      2,041 SF

      Piedmont Avenue Restaurant Space Available

      2,041 SF restaurant space with Type I hood.
      3911 Piedmont Ave, Oakland, CA 94611
      View Details
    • Contact for pricing
      2,023 SF

      Oakland Office Space Available

      Office space available for rent in Oakland, CA.
      3801-3805 Broadway, Oakland, CA 94611
      View Details
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    6112 La Salle Ave
    Oakland, CA 94611-2826
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    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
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