Oakland Tri-Level with ADU
1416 12th St. Oakland, CA 94607
1416 12th St., Oakland, CA, 94607
$599,000
For Sale
$599,000
MULTI_FAMILY - Oakland, CA
Property Size1,372 SF
Lot Size0.07 Acres
Price / SF$436.59
Days on Market289
Property Features for 1416 12th St.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 1
- Exterior features
- Back Yard
- Fencing
- Fenced
- Standard status
- Active
- APN
- 4618
- Size
- 1,372 SF
- Lot size
- 0.07 Acres
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1893
- Number of units
- 1
- Flooring type
- Carpet
- Building materials
- Stucco, Wood Siding
- Roof type
- Composition
Listing Agency
Keller Williams Realty
(925) 855-8333
601 Sycamore Valley Rd. W, Danville, CA
Listed by
Hayden Moran
(415) 730-0466
Added: Oct 2, 2025 Checked: Jul 17 at 7:06 am
MLS# 41113537
Listing URL
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Oakland tri-level property combines vintage character with modern updates, offering approximately 1,372 sq. ft. of finished living space with the opportunity for a second living unit below. This lower level provides flexibility for an ADU, guest suite, or workspace, which could bring the home to a generous 2,235 sq. ft. with the addition. Situated on a 3,080 sq. ft. lot in the vibrant East Bay, the home dates back to 1893 and retains its historic roots while showcasing improvements such as skylights, hardwood floors, new carpeting, updated lighting, and fresh paint. The primary living level opens to a spacious front room with lofty ceilings and a dramatic bay window. An airy kitchen and dining area feature granite counters, a full-height mosaic backsplash, and stainless steel appliances. This floor also includes three bedrooms, two full bathrooms and laundry with LG washer/dryer. Upstairs, a banister leads to a primary bedroom and additional bedroom/office filled with natural light, ideal for guests or a home office. The property is located in West Oakland, five blocks from BART with easy freeway access and has a large back yard.
Key Highlights
- Tri‑level home built in 1893 with approximately 1,372 sq. ft. of finished living space (potential to add a second unit to ~2,235 sq. ft.)
- Lower level offers a blank canvas for an ADU, guest suite, or workspace—adding flexibility to the existing layout
- East Bay West Oakland location, about five blocks from BART with easy freeway access
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.2k | $40.20 |
| − Vacancy | −$2.5k | −$1.81 |
| EGI | $52.7k | $38.39 |
| − OpEx | −$23.7k | −$17.28 |
| NOI | $29.0k | $21.12 |
1,372 SF · lease $40.20/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$413.9K
$362.1K – $482.8K
NOI $28,970 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$449.2K
$393.0K – $524.1K
NOI $31,443 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Updated Oakland tri-level with ADU potential in vibrant West Oakland.
Where is this single family property located?
The property is located at 1416 12th St. Oakland, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Tri‑level home built in 1893 with approximately 1,372 sq. ft. of finished living space (potential to add a second unit to ~2,235 sq. ft.); Lower level offers a blank canvas for an ADU, guest suite, or workspace—adding flexibility to the existing layout; East Bay West Oakland location, about five blocks from BART with easy freeway access
