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$1,500,000 Just Listed
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Property Description
Prime freestanding commercial property located on a high-visibility corner in Oakland's Eastlake neighborhood. Zoned CN-3, the property offers flexible commercial use opportunities, making it ideal for an owner-user, investor, or future redevelopment (buyer to verify with local city authorities). Conveniently located near Downtown Oakland, Lake Merritt, I-880, and the Brooklyn Basin development, this property offers excellent long-term upside in one of the Bay Area's growing commercial markets. (Do not disturb current tenant)
Full Property Details
Full Property Details for 550 E 12th St
General
- Price: $1,500,000
- Status: Active
- Type: Commercial
- Source: MAX
- MLS ID: 41139868
- Updated: 6/26/2026
- Added to Site: 1 day(s) ago
Parking
- Parking Features: Private Lot
Location
- Area: Listing
- County: Alameda
- Subdivision: Lake Merrit
- Driving Directions: E12th to Lake Merritt.
Structural Information
- Exterior Const.: Metal, Aluminum Siding
- Roof: Other
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.23
- Lot Dimensions: 10018.8
- Lot Features: Corner Lot, Commercial
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $389
- Terms: Cash, 1031 Exchange, New Loan, SBA
Listed by Bcre, Edder Barcenas-Cortez
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Schools
Schools serving 550 E 12th St
School District:Oakland Unified School District
| Name | Grades | Distance |
|---|---|---|
Franklin Elementary School, Oakland, CA 915 Foothill Boulevard, Oakland, CA 94606 | K-5 | 0.3 mi |
Westlake Middle School 2629 Harrison St., Oakland, CA 94612 | 6-8 | 1.4 mi |
Oakland High School 1023 MacArthur Boulevard, Oakland, CA 94610 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 550 E 12th St
Date
Details
Price
Change
Source
6/26/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 550 E 12th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,793
8%
$458,795
2%
2024
$9,957
-2%
$449,798
2%
2023
$10,200
6%
$440,978
2%
2022
$9,645
13%
$432,333
2%
2021
$8,532
1%
$423,857
1%
2020
$8,424
10%
$419,512
2%
2019
$7,658
2%
$411,287
2%
2018
$7,498
5%
$403,224
2%
2017
$7,138
4%
$395,319
2%
2016
$6,886
1%
$387,568
2%
2015
$6,843
—
$381,747
2%
2014
$6,877
1%
$374,270
—
2013
$6,841
—
$372,580
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 550 E 12th St
550 E 12th St, Oakland, CA 94606 (MLS# 41139868) is a Commercial property. 550 E 12th St is currently listed for $1,500,000 and was received on June 26, 2026. Want to learn more about 550 E 12th St? Do you have questions about finding other Commercial real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

