419 30th St - Medical FOR SALE


Oakland, CA 94609
$1,650,000 USD
510-914-1618
419 30th St, Oakland, CA for Sale
$1,650,000 USD
Medical - FOR SALE
1/6
null | Request Cap Rate

NEW


419 30th St
Oakland, CA 94609


OVERVIEW

Lee & Associates and Selborne Properties is pleased to present this rare, Pill Hill medical building. This is your chance to own a quality building in one of Oakland’s most sought after neighborhoods. This is perfect for an owner user or an investor who would like to renew the tenants and collect income. The federalist style building was built in 1937 and has been meticulously maintained. It is separated into 4 units. There is an entrance in the front of the building with an internal staircase. In the rear is an entrance, accessible from the parking lot with a covered outdoor staircase. The parking lot is private, secured with an electronic gate. Security cameras were installed in 2023. The building has an intercom system and all building keys were recently redone. Landscaping is low maintenance with mature hedges and shrubs. This building has 4 separate medical tenants with private entrances in an internal corridor. The leases all end between January 31, 2025 and March 31, 2025 to give a new owner flexibility to renew the tenants at current market rents or use all or part of the building for their own use. The building is fully conditioned and sits directly across the street from the Summit Medical Center, which is currently expanding in a collaborative joint venture with Stanford Health Care for a state of-the-art cancer facility. The current monthly rent with the existing tenants is $11,064. Please contact agents for a rent roll and 2023 full year expenses.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$413 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Pill Hill Medical Bldg

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

009-0699-026-00

ASK ABOUT THIS PROPERTY

David ScarpinatoLee & Associates Commercial Real Estate ServiceMore Info
510-914-1618

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David ScarpinatoLee & Associates Commercial Real Estate ServiceMore Info
510-914-1618

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.