This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Warehouse, Retail Unit, Duplex, and House 3615-3617 San Leandro St

4,125 SF 100% Leased Retail Building Oakland, CA 94601 $1,175,000 ($285/SF) 6.17% Cap Rate

Investment Highlights

  • 4-unit Mixed-Use with Huge Warehouse Retail Space, Single-Family Home and Apartment Units
  • Rare Unit Mix Featuring One 2bd/1bth Unit, One 1bd/1bth Unit, One Retail Shop/Warehouse, and One 2bd/1bth House
  • Separately Metered For Water and PG&E with Low Annual Operating Expenses
  • Packaged Sale of 3617 San Leandro St and 916 36th Ave
  • Great Location Near Downtown Oakland, Lake Merritt, and Various Shopping Options

Executive Summary

4-unit mixed-use investment with excellent income upside and a variety of repositioning options. The offering includes a packaged sale of 3617 San Leandro St and 916 36th Ave in Oakland. 3617 San Leandro St is zoned for a light industrial and features one 2bd/1bth unit, one 1bd/1bth unit, a small retail space, and a HUGE warehouse. The warehouse is connected to 916 36th Ave which is a tenant-occupied 2bd/1bth single-family home. The combined rental area for both buildings is 4,125 square feet with an approximate combined lot size of 11,350 square feet. The property is easy to manage and is separately metered for PG&E, with past tenants paying all water and garbage expense, providing for low future annual operating expenses. The entire property may be able to be delivered vacant with the exception of possibly one unit at 3671 San Leandro St. making this an ideal investment for an owner-user, investor, or extended family. This is an attractive Oakland location near countless restaurants, coffee shops, grocery stores and shopping options. This is a
convenient location only a short distance to Downtown Oakland, Lake Merritt, Alameda, multiple BART stations, HWY880, and San Francisco.
****EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE AND PRIVATE SHOWING.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,125 SF
Building Class
C
Year Built
1933
Price
$1,175,000
Price Per SF
$285
Cap Rate
6.17%
NOI
$72,498
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.73
Land Acres
0.13 AC
Opportunity Zone
Yes
Zoning
HBX-1 - HBX (Housing Business Mix) Zones foster a variety of small, entrepreneurial, and flexible home-based businesses. In Oakland's "green zone".
Parking
10 Spaces (2.42 Spaces per 1,000 SF Leased)
Frontage
43 FT on San Leandro St

Amenities

  • Bus Line
  • Commuter Rail
  • Fenced Lot
  • Skylights
  • Storage Space
Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (74)
Bike Score ®
Very Bikeable (89)
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.®

Nearby Major Retailers

Citi
Order Express, Inc.
Bank of America
Chase Bank
Bank of Montreal
Starbucks
Ono Hawaiian BBQ
FoodMaxx
Smart & Final
24 Hour Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
033-2179-004-00
Land Assessment
$26,440
Improvements Assessment
$37,257
Total Assessment
$63,697
  • Listing ID: 32922592

  • Date on Market: 8/22/2024

  • Last Updated:

  • Address: 3615-3617 San Leandro St, Oakland, CA 94601

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}