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821 Webster St, Oakland, CA 94607
$6,888,000
821 Webster St, Oakland, CA 94607View this property at 821 Webster St, Oakland, CA 94607
821 Webster StOaklandCA94607
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Property Description
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.
Full Property Details
Full Property Details for 821 Webster St
General
- Price: $6,888,000
- Status: Active
- Type: Commercial
- MLS ID: 41045983
- Updated: 12/14/2023
- Added to Site: 179 day(s) ago
Parking
- Parking Features: None
Location
- Area: Listing
- County: Alameda
- Driving Directions: 8th and Webster
Structural Information
- Exterior Const.: Concrete
- Roof: Flat
- Year Built: 1937
Lot Features
- Lot Size (Acres): 0.17
- Lot Dimensions: 7500
- Lot Features: Business District, BART Nearby, Commercial, Neighborhood Commercial, Public Transport Nearby, Residential Area, Restaurant Nearby
- Lot Description: Business District, BART Nearby, Commercial, Neighborhood Commercial, Public Transport Nearby, Residential Area, Restaurant Nearby
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $503
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Property ID: 11939
Listed by Kent Hu, Broker, Kent Hu
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Schools
Schools serving 821 Webster St
School District:Oakland Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
225 11th St, Oakland, CA 94607 | K-5 | 0.2 mi | |
2629 Harrison St, Oakland, CA 94612 | 6-8 | 1.2 mi | |
4351 Broadway, Oakland, CA 94611 | 9-12 | 2.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 821 Webster St
Date
Details
Price
Change
Source
12/13/2023
Listed
$6,888,000
293.6%
MLS
8/24/1983
Sold
$1,750,000
—
Public Record
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 821 Webster St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$84,297
2%
$5,483,217
2%
2022
$82,462
3%
$5,375,719
2%
2021
$80,033
7%
$5,270,317
1%
2020
$74,488
3%
$5,216,295
2%
2019
$72,305
2%
$5,114,030
2%
2018
$70,784
3%
$5,013,775
2%
2017
$68,402
10%
$4,915,479
10%
2016
$62,067
21%
$4,450,000
24%
2015
$51,090
-4%
$3,600,000
3%
2014
$53,099
6%
$3,500,000
6%
2013
$50,215
—
$3,300,000
—
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 821 Webster St
821 Webster St, Oakland, CA 94607 (MLS# 41045983) is a Commercial property. 821 Webster St is currently listed for $6,888,000 and was received on December 13, 2023. Want to learn more about 821 Webster 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.