Self-Help Ventures Fund Acquires 1700 Broadway Office Building In Oakland For $3.5M
1700 Broadway
$3,500,000
Building Size
—
Asset Type
Office
Closing
Dec 18, 2025
AI
The property asset involved in this transaction is a 10-story office building located at 1700 Broadway in downtown Oakland. The sale price was $3.5 million, an increase from the previous value of $2.75 million in 2024. The building's acquisition aligns with the trends of nonprofits securing office spaces in Oakland for community-focused operations during a period of low property prices.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,500,000
- Buyer: Martin Eakes - Self-Help Ventures Fund
- Buyer's Representative: Cushman & Wakefield
- Seller's Representatives: Christian Diggs & Jack Dyke - Touchstone Commercial Partners
- Market: Oakland
Key individuals in the transaction include Martin Eakes representing the buyer Self-Help Ventures Fund, which plans to occupy part of the building while leasing the rest. Representatives from Cushman & Wakefield facilitated the deal for the buyer, while Christian Diggs and Jack Dyke from Touchstone Commercial Partners represented the seller.
Players
Oakland Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93