Duplex with Separate
For Sale
$688,000
2212 25Th Ave, Oakland, CA 94601
Residential Income, Oakland, CA
Property Size2,866 SF
Lot Size0.10 Acres
Price / SF$240.06
Days on Market20
Property Features for 2212 25Th Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
7
Bathrooms
14
Full bathrooms
14
Rooms
Bathroom 2, Bedroom 4, Bathroom 9, Bathroom 7, Bedroom 3, Bathroom 12, Bathroom 1, Bathroom 5, Bathroom 4, Bedroom 1, Bathroom 11, Bedroom 7, Bathroom 6, Bathroom 8, Bedroom 2, Bathroom 13, Bathroom 3, Bathroom 14, Bathroom 10, Bedroom 6, Bedroom 5
Parking features
Tandem, Off Street
Exterior features
Back Yard, Front Yard, Side Yard
Appliances
Gas Water Heater
Subdivision
Oakland
Lot features
Level
Directions
Foothill Blvd - 25th Ave
Standard status
Active
APN
267532
Size
2,866 SF
Lot size
0.10 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1906
Number of units
2
Flooring type
Carpet, Tile
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
KW Advisors East Bay · Keller Williams Realty
(510) 775-1079
Listed By:
Nancy Mach · License #01424474
(510) 910-8883
Added: Aug 14
Changed: Aug 31
Last Checked: Sep 2 at 6:06PM
MLS# 41145150
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 duplex contains 2,866 square feet on a 0.0983-acre lot and was built in 1906. The two residences provide a three-bedroom, two-bath layout at #2212 and a four-bedroom, two-bath layout at #2208. Each unit includes a formal living room and a kitchen with an eat-in area, while separate meters support distinct utility measurement. The property also features wood siding, tile and carpet flooring, a composition roof installed in 2021, and a gas water heater.
Exterior features include front, back, and side yards, along with off-street tandem parking and a longer driveway. Public water and public sewer serve the property. The duplex is near I-580, I-880, BART, public transportation, shopping, parks, and schools.
Exterior features include front, back, and side yards, along with off-street tandem parking and a longer driveway. Public water and public sewer serve the property. The duplex is near I-580, I-880, BART, public transportation, shopping, parks, and schools.
Key Highlights
- 2,866‑square‑foot duplex on a 0.0983‑acre lot
- Unit #2212 offers 3 bedrooms and 2 baths; #2208 offers 4 bedrooms and 2 baths
- Separate meters serve the two residences
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
$61,023
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
8.87%
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%
$1,220,460
$1.2M
Cap Rate 7%
$871,757
$871.8K
Cap Rate 9%
$678,033
$678.0K
Market Conditions
NOI Build-Up for 2,866 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
$115.2K $40.20/SF
− Vacancy
−$4.3K −$1.49/SF
EGI
$111.0K $38.71/SF
− OpEx
−$49.9K −$17.42/SF
NOI
$61.0K $21.29/SF
Area
ZIP 94601
Vacancy
3.70%
Lease Rate
$40.20 /SF/Yr
Expense Ratio
45.00%
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%
$1,220,460
Cap Rate 7%
$871,757
Cap Rate 9%
$678,033
Alternative Uses
Best Use
Multifamily LT 5
$939.0K
$821.6K – $1.10M
NOI $65,730 @ 7.0% cap · market cap 9.55%
Second Best
Apartment 5plus
$871.8K
$762.8K – $1.02M
NOI $61,023 @ 7.0% cap · market cap 8.87%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,775 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,556
Businesses Nearby
Explore this area
Business Placement
Demographics for 94601, CA
54,166
Population
17,454
Households
3.1
Avg Household Size
35
Median Age
24%
College-Educated
70%
High-School Grad
3.2 sq mi
ZIP Area
16,927
Density / Sq Mi
$66,651
Median Household Income
$37,765
Median Earnings
$1,651
Median Rent
$703,100
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 residential units feature individual meters, tandem off-street parking, and front, back, and side yard areas.
Where is this duplex located?
The property is located at 2212 25Th 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: 2,866‑square‑foot duplex on a 0.0983‑acre lot; Unit #2212 offers 3 bedrooms and 2 baths; #2208 offers 4 bedrooms and 2 baths; Separate meters serve the two residences
