Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2178 107Th Ave Oakland, CA 94603

    Sponsored
    For Sale
    $688,000

    MULTI_FAMILY - Oakland, CA

    Property size:
    1,155 SF
    Lot size:
    0.11 Acres
    Days on Market:
    6
    Last Refresh:
    Feb 24 at 3:06 pm

    Property Features for 2178 107Th Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2
    Bedrooms
    2
    APN
    4755521
    Parking features
    Parking Lot, Garage
    Interior features
    Tub w/Shower Over
    Exterior features
    Back Yard, Front Yard, Side Yard, Landscape Back, Landscape Front, Garden
    Fencing
    Fenced
    Appliances
    Gas Water Heater
    Size
    1,155 SF
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Wall Furnace
    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1940
    Number of units
    2
    Flooring type
    Tile, Hardwood
    Building materials
    Concrete, Stone
    Roof type
    Flat

    We can help!

    Listing Contact
    Gigi Srour
    Gigi Srour

    Compass (212) 913-9058

    Listing agent Gigi Srour (925) 251-1111

    Listing date Feb 19, 2026

    MLS# 41122341 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.

    Learn more

    Property Insight Report

    Overview

    Updated Duplex in Oakland's Ivywood

    Located in Oakland's Ivywood neighborhood, this updated duplex resides on a corner lot enclosed by an iron gate. Suited for an owner-occupant, the property offers the option to live in one unit while generating income from the other. The property can be rented long-term, used to host travel nurses, or utilized for short-term rentals. The detached two-car garage presents the possibility of conversion into an ADU. Both units feature contemporary lighting, newer interior and exterior paint, and modern kitchens with custom natural stone countertops, newer shaker cabinetry, and stainless steel appliances. Open-concept living and dining spaces are filled with natural light and feature hardwood floors. The mirrored units offer a cohesive layout, each with its own front and rear yard. Each unit is separately metered. The property is centrally located near shopping, dining, and transit. The lot size is 0.1124 acres, and the property size is 1155 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.156624
    Latitude
    37.740719

    Nearby Similar for Sale

    • $850,000
      Pending

      Oakland Fourplex with Income Potential

      Fourplex in Oakland with value-add and income potential.
      1748 E 15Th St, Oakland, CA 94606
      View Details
    • $749,000
      1,565 SF

      Versatile Oakland Duplex with Potential

      Vacant duplex with rental income potential and room to grow.
      852 58Th St, Oakland, CA 94608
      View Details
    • New
      $798,000
      1,649 SF

      Oakland Multifamily with Income Potential

      Single-family home with attached ADU, ideal for rental income.
      7333 Sunkist Dr, Oakland, CA 94605
      View Details
    • $1,150,000
      4,342 SF

      Oakland Multifamily Investment Opportunity

      Four-unit property in Oakland with value-add potential.
      856 21St St, Oakland, CA 94607
      View Details
    • $1,350,000
      4,905 SF

      Spacious Oakland Duplex with Modern Design

      Redesigned duplex in West Oakland with income potential.
      1238 12Th St, Oakland, CA 94607
      View Details
    • $659,000
      2,226 SF

      Oakland Duplex with Development Potential

      Charming duplex with bonus unit in vibrant Oakland area.
      1706-1704 Center St, Oakland, CA 94607
      View Details
    • New
      $979,000
      3,100 SF

      Oakland Victorian Home with Income

      Victorian home with ADU and basement income potential.
      1725 96Th Ave, Oakland, CA 94603
      View Details
    • $949,888
      1,662 SF

      Remodeled Duplex Near Highland Hospital

      Charming, remodeled 2-bedroom duplex in a prime Oakland location.
      3214 13Th Ave, Oakland, CA 94610
      View Details
    • New
      $2,250,000
      4,228 SF

      Mixed-Use Property in Uptown Oakland

      Residential and commercial income property with parking in dynamic location.
      356-360 24Th St, Oakland, CA 94612
      View Details
    • New
      $795,000
      2,070 SF

      Updated Duplex in Pill Hill

      Updated duplex with vacant units in Oakland's Pill Hill.
      2834 Summit St, Oakland, CA 94609
      View Details
    • $2,459,000
      14,266 SF

      Oakland Multifamily Investment Opportunity

      18-unit apartment building with remodeling and income potential.
      2100 51St Ave, Oakland, CA 94601
      View Details
    • $675,000
      Pending

      Oakland Multi-Family Property For Sale

      Two homes on a property with parking and garage spaces.
      3020 E 19Th St, Oakland, CA 94601
      View Details

    FAQs

    What type of property is this?
    Duplex - Updated corner-lot duplex in Oakland, perfect for owner-occupant or rental.
    Where is this duplex located?
    The property is located at 2178 107Th Ave Oakland, CA.
    What is the asking price?
    The asking price for this property is $688,000.
    What are key features of this property?
    This property features: - Fully updated duplex in Oakland's Ivywood neighborhood, perfect for owner-occupancy with income potential.; - Corner lot with iron gate providing privacy and enhanced curb appeal.; - Detached two-car garage with ADU potential.
    (925) 800-9040
    Request Owner's contact information
    2178 107Th Ave Oakland, CA 94603
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2178 107Th Ave
    Oakland, CA 94603
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2178 107Th Ave Oakland, CA 94603
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Gigi Srour
    Gigi Srour
    Real Estate License ID: 01200388
    (925) 800-9040 (925) 270-4269 (925) 251-1111
    Learn more
    Google sign-in failed. Please try again or use another login method.