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Oakland Duplex with Income Potential

2504 78Th Ave Oakland, CA 94605

2504 78Th Ave, Oakland, CA, 94605
$749,000
For Sale
Claim this Listing
$749,000

MULTI_FAMILY - Oakland, CA

Property Size2,095 SF
Lot Size0.11 Acres
Price / SF$357.52
AddedMar 6
Days on Market131
Last RefreshJul 15 at 3:06 pm

Property Features for 2504 78Th Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
8
Rooms
Bathroom 2, Bathroom 6, Bedroom 1, Bathroom 4, Bathroom 8, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 7, Bathroom 5, Bedroom 2, Laundry Room
Parking features
Tandem, Parking Lot, Off Street
Window features
Screens
Exterior features
Back Yard, Front Yard, Garden/Play, Side Yard, Low Maintenance, Garden
Fencing
Fenced
Fireplace
1
Appliances
Dryer, Washer
Standard status
Active
APN
40338911
Size
2,095 SF
Lot size
0.11 Acres

Utilities

Heating system
Fireplace(s), Natural Gas, Hot Water(Heating), Wall Furnace

Building Details

Year built
1943
Number of units
2
Flooring type
Engineered, Tile
Building materials
Stucco
Roof type
Composition

Listing agent Son Luu License #01711002

Listing office Real Estate Ebroker Inc 950 Boardwalk Ste 203, Oceanside, CA

Listing date Mar 6, 2026

MLS# 41126357 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 corner lot duplex in Oakland, California, features a large driveway with 4 parking spaces. The property includes two units: Unit 1 has 2 bedrooms and 1 bathroom, while Unit 2 offers 3 bedrooms and 2 bathrooms with generous room sizes. The property size is 2095 square feet and the lot size is 0.1148 acres. Both units are tenant occupied, providing income potential. The property is sewer lateral compliant and has separate water, gas, and electric meters. Each unit also includes its own laundry room.

Key Highlights

  • Corner lot duplex with 2 units on separate utilities; tenant occupied
  • Unit 1: 2 bedrooms, 1 bathroom, with its own laundry room
  • Unit 2: 3 bedrooms, 2 bathrooms, with its own laundry room

Local Financial Insights For Multifamily LT 5

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 $64.1k $30.60
− Vacancy −$3.5k −$1.68
EGI $60.6k $28.92
− OpEx −$18.2k −$8.68
NOI $42.4k $20.24
2,095 SF · lease $30.60/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$605.8K
$530.1K – $706.8K (±1% cap)
NOI $42,407 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$543.0K
$475.2K – $633.6K (±1% cap)
NOI $38,013 @ 7.0% cap · market cap 5.08%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Kitchen & Bath Showroom Spa & Massage Center HVAC Service Gym & Fitness Center Accounting Firm Building Supply Parking Lot & Garage

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

FAQs

What type of property is this?
Duplex - Corner lot duplex in Oakland with tenant income potential.
Where is this duplex located?
The property is located at 2504 78Th Ave Oakland, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Corner lot duplex with 2 units on separate utilities; tenant occupied; Unit 1: 2 bedrooms, 1 bathroom, with its own laundry room; Unit 2: 3 bedrooms, 2 bathrooms, with its own laundry room
Contact an agent
More about this property
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