Updated Duplex with
For Sale
$838,850
1810 Adeline St, Oakland, CA 94607
Residential Income, Oakland, CA
Property Size2,625 SF
Lot Size0.08 Acres
Price / SF$319.56
Days on Market88
Property Features for 1810 Adeline St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
10
Full bathrooms
10
Rooms
Bedroom 4, Bathroom 10, Bedroom 5, Bathroom 9, Bathroom 2, Bedroom 6, Bathroom 4, Bathroom 7, Bedroom 2, Bedroom 1, Bathroom 6, Bathroom 8, Bathroom 5, Bathroom 1, Bedroom 3, Bathroom 3
Parking features
Garage, Off Street
Window features
Double Pane Windows, Window Coverings
Interior features
Updated Baths, Updated Kitchen, Storage Area(s), Tub w/Shower Over
Exterior features
Back Yard, Front Yard, Garden/Play, Side Yard, Entry Gate, Landscape Front, Low Maintenance, Yard Space, Garden
Fencing
Gate, Fenced
Fireplace
1
Appliances
Dryer, Washer, Gas Water Heater
Subdivision
West Oakland
Lot features
Security Gate
View
Park
Directions
W. Grand Ave\Adeline St...
Standard status
Active
APN
540626
Size
2,625 SF
Lot size
0.08 Acres
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Wall Furnace
Cooling system
Ceiling Fan(s)
Water source
Public
Building Details
Year built
1905
Number of units
2
Flooring type
Laminate, Tile
Building materials
Wood Siding
Roof type
Composition
Additional Structures
Storage
Listing Agency:
EXP Realty of California, Inc
(888) 584-9427
Listed By:
Ray J. Marquez · License #01800314
(925) 575-7605
Added: Jun 2
Changed: Aug 24
Last Checked: Aug 28 at 9:06PM
MLS# 41135889
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 2,625-square-foot duplex was built in 1905 and includes two distinct living units. The property offers updated kitchens and baths, storage areas, laminate and tile flooring, wall-furnace heating, ceiling fans, and a gas water heater. A one-car attached garage and additional off-street parking provide functional vehicle storage. Laundry appliances are included, with a washer and dryer on site.
Each unit has separate gas, electric, and water meters, with occupants responsible for their respective utilities. One unit is arranged as a conventional residence, while the other uses a room-by-room rental configuration. The exterior includes front, back, and side yard areas, gated fencing, low-maintenance landscaping, and a composition roof. Public water and public sewer serve the property, with cable availability also reported. The duplex is located at 1810 Adeline St in Oakland's 94607 postal area.
Each unit has separate gas, electric, and water meters, with occupants responsible for their respective utilities. One unit is arranged as a conventional residence, while the other uses a room-by-room rental configuration. The exterior includes front, back, and side yard areas, gated fencing, low-maintenance landscaping, and a composition roof. Public water and public sewer serve the property, with cable availability also reported. The duplex is located at 1810 Adeline St in Oakland's 94607 postal area.
Key Highlights
- 2,625 square feet on 0.0777 acres
- Two‑unit duplex with one conventional residence and one room‑by‑room rental configuration
- Individual gas, electricity, and water meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$60,159
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,203,180
$1.2M
Cap Rate 7%
$859,414
$859.4K
Cap Rate 9%
$668,433
$668.4K
Market Conditions
NOI Build-Up for 2,625 SF
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.
Gross rent
$89.8K $34.20/SF
− Vacancy
−$3.8K −$1.46/SF
EGI
$85.9K $32.74/SF
− OpEx
−$25.8K −$9.82/SF
NOI
$60.2K $22.92/SF
Area
Oakland, CA
Vacancy
4.27%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,203,180
Cap Rate 7%
$859,414
Cap Rate 9%
$668,433
Alternative Uses
Best Use
Multifamily LT 5
$859.4K
$752.0K – $1.00M
NOI $60,159 @ 7.0% cap · market cap 7.17%
Second Best
Apartment 5plus
$791.8K
$692.8K – $923.8K
NOI $55,427 @ 7.0% cap · market cap 6.61%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,266
Businesses Nearby
Explore this area
Business Placement
Demographics for 94607, CA
31,067
Population
14,362
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
5,266
Density / Sq Mi
$87,937
Median Household Income
$67,107
Median Earnings
$1,875
Median Rent
$744,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with separate living areas, updated kitchens and baths, individual utility metering, and outdoor yard space.
Where is this duplex located?
The property is located at 1810 Adeline St Oakland, CA.
What is the asking price?
The asking price for this property is $838,850.
What are key features of this property?
This property features: 2,625 square feet on 0.0777 acres; Two‑unit duplex with one conventional residence and one room‑by‑room rental configuration; Individual gas, electricity, and water meters for each unit
