A rare chance to own income-producing real estate in Oakland's Downtown CBD — for under $400,000. 238 9th Street delivers a fully occupied, 987-square-foot massage shop inside a striking 1915 masonry building, home to an established massage and spa business operating on the ground floor under a lease running through 2030. Five minutes from Lake Merritt BART and rated 100/100 for both walkability and transit access, this isn't a speculative play — rent is already in place and contractually escalating at 3% every year with low HOA fees. That's growing cash flow from day one, priced in line with the most recent comparable sales inside this very building. Transit-adjacent CBD condos with in-place income rarely come to market at this price point. 238 9th Street won't last.