3450 Lakeshore Ave

$1,198,000
Price
Beds
Baths
3,753 Sq. Ft.
$319 / Sq. Ft.
3,753
Sq. Ft.
$319
per Sq. Ft.

Description

Ideal for owner-user with a flexible mixed-use layout, 3450 Lakeshore Avenue is a two-story commercial building in the heart of Oakland's highly desirable Lakeshore neighborhood a vibrant retail corridor known for its strong pedestrian traffic and enduring demand. The property features nine commercial units, including two ground-floor retail spaces and a mix of private offices above. Six long-term tenants on month-to-month leases provide immediate income and flexibility for repositioning, while three...Ideal for owner-user with a flexible mixed-use layout, 3450 Lakeshore Avenue is a two-story commercial building in the heart of Oakland's highly desirable Lakeshore neighborhood a vibrant retail corridor known for its strong pedestrian traffic and enduring demand. The property features nine commercial units, including two ground-floor retail spaces and a mix of private offices above. Six long-term tenants on month-to-month leases provide immediate income and flexibility for repositioning, while three vacant offices at closing create an opportunity for owner occupancy or strategic leasing. With excellent visibility, easy access to public transit and major freeways, and proximity to top national and local tenants such as Trader Joe's, Gap, Peet's Coffee, and Arizmendi Bakery, this property offers both stability and growth potential. An 8.40% market cap rate, flexible lease structure, and strong upside make this asset an exceptional opportunity for value-add investors, owner-users, or 1031 exchange buyers seeking a foothold in one of Oakland's most active commercial districts.

Property Details for 3450 Lakeshore Avenue

Zoning
CN-1
Cross Street
Longridge
Total Parking Spaces
0
LISTING UPDATED: 11/11/2025 06:27 PM

Property Details for 3450 Lakeshore Avenue

StatusActive
MLS #425061431
Days on Compass144
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1964
Lot Size0.05 AC / 2,016 SF
CountyAlameda County

Location

Listing Courtesy of Urban Group Real Estate, Louis Cornejo, DRE #01518102; Berkshire Hathaway-Franciscan, Andrew de Vries, DRE #01368031
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Building Information for 3450 Lakeshore Avenue

Stories-Residences-Year Built1964Lot Size0.05 AC / 2,016 SF

Payment Calculator

$7,394 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,920

Property Taxes

$1,474

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3450 Lakeshore Avenue

Summary
Location and General Information
  • Area/District: Oakland Zip 94610
  • Area Short Display: 2610
  • Location Description: Oakland Zip 94610
Taxes and HOA Information
  • APN: 11883561
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
Parking
  • Num of Parking Spaces: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Measured by Agent
  • Year Built Source: Other
Property and Assessments
  • Possession: Close of Escrow
  • Picture Count: 23
  • Photos Provided By: Agent
  • Current Use: Mixed Use, Office, Retail
Green Features
  • Green Verification Year: 0
Interior and Exterior Features
Exterior Features
  • # of Floors: 2
  • Stories: 0
Interior Features
  • Full Bathrooms: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 0.0

Property History for 3450 Lakeshore Avenue

DateEvent & SourcePriceAppreciation
Sep 15, 2025

Price Change

RESFAR #425061431

$1,198,000
Jul 29, 2025

Listed (Active)

RESFAR #425061431

$1,350,000
DateEvent & SourcePrice
09/15/2025

Price Change

RESFAR #425061431

$1,198,000
07/29/2025

Listed (Active)

RESFAR #425061431

$1,350,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3450 Lakeshore Avenue

Taxable ValueLand$167,825Additions$602,292Total$770,117
Tax Record2025$17,690 ($1,474 / month)
Home Facts
Total Finished SqFt3,900 SqFtAbove Grade Finished SqFt3,900 SqFtStories2Lot Size2,018 SqFtStyleOffice BuildingYear Built1964CountyALAMEDAAPN11-883-56-1

Schools near 3450 Lakeshore Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Crocker Highlands Elementary School
PublicK to 5

Westlake Middle School
Public6 to 8

Oakland Technical High School
Public9 to 12

AIMS College Prep High
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3450 Lakeshore Avenue is a mixed use property for sale in Oakland, CA 94610. This property was listed for sale on July 29, 2025 by Urban Group Real Estate, it's currently listed at $1,198,000. This listing's school district is Oakland Unified School District. Nearby schools include Crocker Highlands Elementary School, Westlake Middle School and Oakland Technical High School. 3450 Lakeshore Avenue is a 0-bed, 0-bath, 3,753 sqft mixed use property built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Urban Group Real Estate, Louis Cornejo, DRE #01518102; Berkshire Hathaway-Franciscan, Andrew de Vries, DRE #01368031

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.