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Montclair 1900 Mountain Blvd

10,307 SF 75% Leased Office Building Oakland, CA 94611 $2,998,000 ($291/SF) 12.01% Cap Rate

Investment Highlights

  • 1 manager's office, 1 conference room, 7 private offices, break room, shared bathroom/private patio
  • Enclosed garage parking
  • Over 10,000 rentable SF available 'For Sale' with high end interior finishes, common area bathrooms/lobby, elevator
  • Premier Montclair location at the base of Oakland Hills walking distance to high end retail, oces and restaurants

Executive Summary

Pacific West Advisory Group of Berkshire Hathaway - Drysdale Properties (Commercial Division) is pleased to exclusively market 1900 Mountain Blvd 'For Sale' and/or 'For Lease' The subject opportunity is comprised of the whole first floor - two (2) commercial condominiums among nine (9) APNs and two (2) office suites - the former Guaranteed Rate space, Suite 101 and Compass, Suite 103 - 105 for a total of 10,305 rentable square feet. Suite 101, consisting of 2,570 rentable square feet, was formerly occupied by Guaranteed Rate and is now vacant for an owner-user purchaser or an investor to re-tenant. Suite 103 & 105, consisting of 7,735 rentable square feet, is currently occupied by Compass Real Estate demised into two suites - the main Compass office (Suite 103) - 6,123 SF and Compass group/team office (Suite 105) - 1,612 containing its own private entrance. The 1984 constructed property is well improved with new paint, hardwood flooring, common lobby bathroom, elevator and other amenities.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
10,307 SF
Building Class
B
Year Built
1982
Price
$2,998,000
Price Per SF
$291
Cap Rate
12.01%
NOI
$360,000
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,307 SF
Building FAR
0.59
Land Acres
0.40 AC
Zoning
R-40
Parking
40 Spaces (3.88 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 101
  • 2,570 SF
  • Office
  • Full Build-Out
  • Now

Suite 101, formerly occupied by Guaranteed Rate, consists of 2,570 rentable square feet. The suite contains 1 manager's office, 7 other private offices, a conference room and a full break room with kitchenette. The vacant suite has immediate access to the common lobby area with high-end finishes, patios, and an elevator leading to a ground floor parking garage with ample parking. The space is freshly painted with new carpet. Per the county records, 1900 Mountain Blvd was built in 1984 and is situated on a 16,738 square foot (0.38 acre lot).

Space Size Space Use Condition Available
1st Fl-Ste 101 2,570 SF Office Full Build-Out Now

1st Fl-Ste 101

Size
2,570 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 101

Size 2,570 SF
Space Use Office
Condition Full Build-Out
Available Now

Suite 101, formerly occupied by Guaranteed Rate, consists of 2,570 rentable square feet. The suite contains 1 manager's office, 7 other private offices, a conference room and a full break room with kitchenette. The vacant suite has immediate access to the common lobby area with high-end finishes, patios, and an elevator leading to a ground floor parking garage with ample parking. The space is freshly painted with new carpet. Per the county records, 1900 Mountain Blvd was built in 1984 and is situated on a 16,738 square foot (0.38 acre lot).

Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 048F-7365-039-00
  • 048F-7365-040-00
  • 048F-7365-045-00
  • 048F-7365-043-00
  • 048F-7365-042-00
  • 048F-7365-046-00
  • 048F-7365-038-00
  • 048F-7365-044-00
  • 048F-7365-041-00
Land Assessment
$881,299
Improvements Assessment
$2,644,511
Total Assessment
$3,525,810
  • Listing ID: 28429423

  • Date on Market: 5/8/2023

  • Last Updated:

  • Address: 1900 Mountain Blvd, Oakland, CA 94611

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