Stabilized Mixed-Use: Retail & Residential

$1,599,999

2278 International Boulevard, Oakland, CA 94606

For Sale

Mixed Use Residential/Retail

Active

Last Updated: 08/19/2025

Details:

Cap Rate: 7.96%

NOI: $127,354

Building Size: 7,998 sqft

Lot Area: 4,275 sqft

Occupancy: 100%

Class: C

Units: 14

Year Built: 1918

Zoning: Commercial Office/Residential Mixed Use

Tenancy: Single

Floors: 2

Freight Elevator: No

Offered by

Debbie Arriola

Broker/Owner

Arriola Realty

#01225705

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Highlights:

Positioned along a major arterial corridor with excellent visibility and foot traffic.
Mix of retail and residential sleeping rooms enhances income stability
Retail leases secured through 2026–2028; upstairs fully occupied
Infrastructure is solid and compliant—sewer lateral covered through 2034
Strong cash flow right out of the gate, ideal for investors focused on income
Comes with a $25k grant for exterior improvement from City of Oakland

Description:

2278 International Blvd is a fully‑occupied, stabilized mixed‑use investment offering unmatched income stability and minimal near‑term capital requirements. Located 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 consistently leased above. Grossing over $177,000 annually with expenses under $51,000, this property delivers a net operating income of approximately $126,900.

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.”**

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.

2278internationalblvdoaklandca.com

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.