188-192 10th St
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188-192 10th St
6,825 SF 74% Leased Office Building Oakland, CA 94607 £1,844,729 (£270/SF) 5% Net Initial Yield
Executive Summary
Great for owner occupied or investment, located at the mixed-use zoning, there is 6 units total, 2 units retail on the street level and 4 unit on the second floor as an office currently. Upstairs unit potential to be 4 residential unit for AirBNB or long-term income residential. Each unit have separated meter for PGE and gas. Each unit have its own bathroom, great potential for great income. Property is excellent condition.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,825 SF
Building Class
C
Year Built
1926
Price
£1,844,729
Price Per SF
£270
Net Initial Yield
5%
NOI
£92,236
Percent Leased
74%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,412 SF
Slab to Slab
11 ft
Building FAR
1.95
Land Acres
0.08 AC
Opportunity Zone
Yes
Zoning
MX-1 - Mixed-use
Parking
6.83 Spaces per 1,000 SF Leased
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Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (88)
Bike Score ®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Number | 002-0083-013-00 | Improvements Assessment | £717,878 |
| Land Assessment | £307,662 | Total Assessment | £1,025,540 |
PROPERTY TAXES
Parcel Number
002-0083-013-00
Land Assessment
£307,662
Improvements Assessment
£717,878
Total Assessment
£1,025,540
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Ellis Fong -
Cornerstone Realty & Mortgage
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188-192 10th St
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