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Commercial sold for $1,200,000 in 203 days

1243 E 12th St Oakland, CA, 94606

Neighborhood: Clinton

Off the market Comm Ind For Sale

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1237-1243 East 12th Street just east of Lake Merritt. Quick access to Interstate 880 located in an Economic Opportunity Zone and Green Zone offering a wide range of uses and benefits. 1237-1243 sits on two adjoining parcels totaling 11,250.00 +/-sqft featuring 4 buildings + ranging in sizes of 700 to approximately to 2000.00 sqft. Building total 7320 rental space per public record. 3 tenants one tenant occupies two of the warehouses. Fully rented providing a good return or possible personal use. The zoning allows for many uses or hold for future development.
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Property details

11,250 sqft interior area
Land area
3,000 sqft (0.07 acres)
Address
1243 E 12th St, Oakland, CA, 94606
City of California
Oakland
County
Alameda
Previous price
$1,550,000
Year Built
1920
Number of Stories
1
Neighborhood
Clinton
District
Listing

Nearby major retailers

Public Storage
7-Eleven
CVS Pharmacy
Safeway
Trader Joe's
Safeland Super Market
Kohl's
Whole Foods Market
Pet Food Express
Petco
TJ Maxx
The Home Depot
Marshalls
Apple Store
Ross
AT&T
T-Mobile
O'Reilly Auto Parts
See's Candies
MetroPCS
Supercuts
AutoZone
Chevron
Dollar Tree
GameStop
Verizon Wireless
Pet food express
Nordstrom
7-eleven
Chevron Food Mart
GNC
Storage rental: 3
Convenience: 14
Chemist: 1
Supermarket: 11
Greengrocer: 3
Department store: 7
Pet: 7
Do it yourself: 2
Electronics: 1
Mobile phone: 14
Car parts: 7
Confectionery: 2
Hairdresser: 2
Variety store: 1
Video games: 2
Nutrition supplements: 1
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Interior Features

Other floors
Floor Covering
Other
Garage & Parking
On Street, Other
Utilities Included
Electricity Connected, Natural Gas Connected, All Public

Listed by

David R. Valva, Berkshire Hathaway Home Svcs
Name
David R. Valva
License number
00811437
Brokerage company
Berkshire Hathaway Home Svcs
MLS #
41032388

Buyer agent

Name
Noriko Yasui Higashi
Brokerage company
Berkshire Hathaway Home Svcs

Payment calculator

Calculate your monthly payments
Mortgage
$3,685
Taxes
$0
HOA dues
$0
$3,685 per month
Mortgage
$240,000 / 20%
2.28%
30 years
Your amount $3,685 / month

Exterior Features

Stucco construction and more
Construction
Stucco

Lot details

TMK #193863
Lot Description
Freeway Nearby
Parcel nr.
193863

Clinton neighborhood info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data

People living in Clinton

43%
Families with children
National average: 39%
48%
Non family households
387,433
Population
$112,017
Average Income

Age & gender

Median age 38 years
More info

Commute types

57% commute by car
More info

Education level

30% have bachelor education
More info

Number of employees

2% work in management
More info

Vehicles available

45% have 1 vehicle
More info

Vehicles by gender

45% have 1 vehicle
More info

Housing market insights for

$1.12m
Neighborhood average
sales price*
$899.1k
Neighborhood median
sales price*
638
Number
of sales*

Housing type

34% are single detacheds
More info

Rooms

36% of the houses have 4 or 5 rooms
More info

Bedrooms

52% have 2 or 3 bedrooms
More info

Owners vs Renters

63% are renters
More info
16.33 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Sold Jan 25, 2024

Clinton Median sales price 2024

Bedrooms Med. price % of listings
3 beds $475k 50%
4 beds $485k 50%
Date Event Price $/sqft Source
Jan 25, 2024 Sold $1,200,000 0 Public Record
Jan 25, 2024 Price Decrease $1,200,000 -22.58% 0 MLS #41032388
Aug 4, 2023 Under contract $1,550,000 0 MLS #41032388
Jul 7, 2023 New Listing $1,550,000 0 MLS #41032388

Taxes of 1243 E 12th St, Oakland, CA, 94606

CC2 zoning / MLS #41032388
Zoning
CC2

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Frequently Asked Questions about 1243 E 12th St

What is 1243 E 12th St?

1243 E 12th St is a Commercial/Industrial propertywith 11,250 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

1243 E 12th St, Oakland, CA, 94606.

What comparable properties are nearby?

Comparable nearby commercial properties include 1110-1118 International Blvd, 1429 14th Ave, 825 8th Ave, 1435 22nd Ave, 2345 Park Blvd, 2344 E 17th.

Based on information from the bridgeMLS as of 04-28-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Jan 27, 2024
Verhouse Last checked 3 minutes ago


The closest grocery stores are Lucky, 0.74 miles away and El Ranchito Market, 0.85 miles away.
The Clinton neighborhood has a population of 387,433, and 43% of the families have children. The median age is 38.9 years and 57% commute by car. The most popular housing type is "single detached" and 63% is renter.
Commercial Sold $1.2m 1243 E 12th St, Oakland, CA, 94606 Save House Remove from Saved