821 Webster St, Oakland

$6,888,000

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0 Bed
0 Bath
.17 Acre
0 Garage

Great investment opportunity for this fee simple interest in 821 webster, improved with a two-story mixed use building. It consists of reinforced concrete construction built in 1937. Located at the corner of Webster St. and 8th St., in the heart of Chinatown. The total building area is approximately 13,705 square feet excluding the basement area. 821 Webster is two story building located in the heart of Chinatown of Oakland with a walk score of 100, only a nine minute walk to the 12th street BART station and the Lake Merritt BART station. The site is 100% leased, anchored with a commercial bank, and other first level four commercial tenants including a herbal shop, hair salon, shoe store and a professional service office. Building upper level are 10-unit residential, three studios and seven 1-bedroom units. Site location nearby are courthouses, city hall, and Jack London square with its many restaurants and breweries that is an easy bus ride or 10 minute walk.

Essential Information

MLS® #
41045983
Price
$6,888,000
Bathrooms
0.00
Acres
0.17
Year Built
1937
Type
Commercial Sale
Status
Active

Community Information

Address
821 Webster St
City
Oakland
County
Alameda
Zip Code
94607
Senior Community
N

Exterior

Exterior
Concrete
Construction
Concrete

Additional Information

Date Listed
December 13th, 2023
Days on Market
139
Zoning
DLM2

Listing Details

Agent
Kent Hu
Office
Kent Hu, Broker

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Based on information from California Regional Multiple Listing Service, Inc. as of April 30th, 2024 at 5:25pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.