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Jack London Inn 444 W Embarcadero 110 Room Hotel Oakland, CA 94607 $12,100,000 ($110,000/Room)
INVESTMENT HIGHLIGHTS
- Underutilized Floor Area could provide more living Unit Density
- Steps from the Ferry Terminal to San Francisco AND Oakland Alameda Water Shuttle (OAWS) AND Amtrak
EXECUTIVE SUMMARY
Prime location just off the 880 FWY in Oakland’s Jack London Square that is both walkable and bikeable, with ease of access to BART, AC Transit, Amtrak, Ferry Terminal and Alameda!
Immediate opportunity to acquire and redevelop a hotel, well-below replacement costs to deliver much needed housing at a fraction of the time of new construction ground-up development!
An exceptional opportunity to deliver housing with cost efficiency and speed to meet the Region’s interim, permanent, workforce and affordable housing needs!
Immediate opportunity to acquire and redevelop a hotel, well-below replacement costs to deliver much needed housing at a fraction of the time of new construction ground-up development!
An exceptional opportunity to deliver housing with cost efficiency and speed to meet the Region’s interim, permanent, workforce and affordable housing needs!
PROPERTY FACTS
| Price | $12,100,000 | Building Size | 61,217 SF |
| Price Per Room | $110,000 | No. Rooms | 110 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built | 1967 |
| Property Subtype | Hotel | Parking Ratio | 1.17/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 0.70 AC | ||
| Zoning | C-45/S-4 | ||
| Price | $12,100,000 |
| Price Per Room | $110,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.70 AC |
| Building Size | 61,217 SF |
| No. Rooms | 110 |
| No. Stories | 4 |
| Year Built | 1967 |
| Parking Ratio | 1.17/1,000 SF |
| Corridor | Interior |
| Zoning | C-45/S-4 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Bar
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 4 | $149.00 | - |
| Guest Room | 106 | $119.00 | - |
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (83)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 001-0141-017-02 | Improvements Assessment | $6,850,317 |
| Land Assessment | $1,201,810 | Total Assessment | $8,357,100 |
PROPERTY TAXES
Parcel Number
001-0141-017-02
Land Assessment
$1,201,810
Improvements Assessment
$6,850,317
Total Assessment
$8,357,100
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Jack London Inn | 444 W Embarcadero
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