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Investment Highlights

  • Turn-Key Restaurant
  • Great Location Downtown adjacent to the new AC Marriot
  • Large Back Yard

Executive Summary

A fantastic investment opportunity awaits in the heart of Downtown Oakland at 610-612 14th Street! This mixed-use property features five total units: two one-bedroom apartments, two studio apartments, and a turn-key, fully built-out restaurant space on the ground floor, making it perfect for both residential and commercial income.
The restaurant space is ready for immediate occupancy, complete with a full build-out and select equipment included, offering a seamless start for a new or expanding business in Oakland’s vibrant downtown area. The residential units upstairs provide a mix of one-bedroom and studio layouts, catering to the area’s high demand for housing. Each unit offers well-designed living spaces, ideal for tenants seeking the convenience and energy of downtown living.
Location Highlights:
Situated on 14th Street, close to public transit, shopping, and dining
High foot traffic in a popular downtown neighborhood
Close proximity to Oakland’s bustling cultural and business hubs
This property is perfectly positioned for investors looking for a stable, multi-income property with immediate upside potential in one of Oakland’s most dynamic areas. Don't miss this chance to own a versatile mixed-use building in a prime location!

Property Facts

Price $1,106,807 CAD
Price Per Unit $221,361 CAD
Sale Type Investment
Cap Rate 8.32%
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.05 AC
Building Size 3,526 SF
No. Stories 3
Year Built 1995
Opportunity Zone Yes
Zoning D-DT-CX - Downtown District Mixed Use Commercial

Amenities

Site Amenities

  • On-Site Retail
  • Smoke Free
  • Storage Space
  • Walk-Up
Exceptionally walkable
90/100
Very drivable
80/100
Exceptional public transit
90/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
003-0071-020-00
Land Assessment
$229,235 CAD
Improvements Assessment
$534,883 CAD
Total Assessment
$764,118 CAD
  • Listing ID: 33776847

  • Date on Market: 2024-11-06

  • Last Updated:

  • Address: 610 14th St, Oakland, CA 94612

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