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26422892
26422893

2278 International Blvd, Oakland, CA 94606

DA
CA 01225705
$1,549,999
291 days on market
Updated 111 days ago
Opportunity zone

2278internationalblvdoaklandca

Details
APN 20-152-7
Property Type Mixed Use, Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 7,998
Net Rentable (SqFt) 7,998
Units 14
Cap Rate 8.22%
NOI $127,354
Occupancy 100%
Broker Co-Op Yes
Class C
Year Built 1919
Stories 2
Lot Size (SqFt) 4,275
Zoning Commercial/Office/Residential Mixed Use
Investment Type Stabilized
Sale Condition 1031 exchange

2278 International Blvd – Stabilized Mixed-Use Income Generator| 7.96% CAP | 7,998 SqFt

Marketing description

2278 International Blvd is a fully-occupied, stabilized mixed-use investment offering unmatched income stability and minimal near-term capital requirements. Located in the Fruitvale district at the corner of International Blvd and 23rd Ave, the asset features three retail tenants with leases running through 2026=2028, and 11 residential sleeping room units fully leased. With its prime visibility, diversified tenant mix, and sewer lateral compliance through 2034, this is a turnkey opportunity in Oakland’s vibrant Fruitvale submarket—perfect for investors seeking cash flow and a low-maintenance holding.

Location & Asset Overview
A well-located mixed-use property situated on a high-traffic corner at International Blvd and 23rd Ave—right in the bustling Fruitvale corridor. The asset features three ground-floor retail units and eleven upper-level sleeping rooms, delivering reliable and diversified income.

Income & Expenses

  • Gross Annual Revenue: $177,864

  • Operating Expenses: $50,980 annually

  • Net Operating Income (NOI): $126,884

Tenancy & Occupancy

  • Fully occupied, delivering steady cash flow.

  • Retail tenants on terms through 2026–2028.

  • Upper-level units are fully leased as sleeping rooms, delivering consistent income.

Capital Improvements

  • Sewer lateral is fully compliant through 2034, reducing near-term capital liabilities and providing peace of mind for both investors and lenders.


Investment highlights

Feature Value Proposition

Strategic Location- Positioned along a major arterial corridor with excellent visibility and foot traffic.

Diversified Income-Mix of retail and residential sleeping rooms enhances income stability.

Long-Term Tenancy-Retail leases secured through 2026–2028; upstairs fully occupied.

Low Maintenance-Infrastructure is solid and compliant—sewer lateral covered through 2034.

Immediate NOI-Strong cash flow right out of the gate, ideal for investors focused on income.

Listing Contacts

DA
CA 01225705

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$127,354.00
$10,612.83/mo

Valuation Metrics

0
DSCR
8.22%
Cap Rate
8.22%
ROI

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Additional Information

Name
Debbie Arriola
License
01225705
Brokerage
Arriola Realty
Brokerage Phone
5103336037
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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