Duplex with Garage
For Sale
$790,000
Pending
795-797 Alcatraz Avenue, Oakland, CA 94609
MULTI_FAMILY - Oakland, CA
Property Size2,073 SF
Lot Size0.10 Acres
Days on Market106
Property Features for 795-797 Alcatraz Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1
Parking
2
Parking features
Garage
Appliances
Free-Standing Gas Range, Free-Standing Refrigerator
Lot features
Garden, Garden
Subdivision
Oakland Zip 94609
Standard status
Pending
APN
15136425
Size
2,073 SF
Lot size
0.10 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Water source
Public
Building Details
Year built
1925
Floors in Building
1
Number of units
2
Flooring type
Tile, Wood
Listing Agency:
Compass
(415) 660-9955
Listed By:
Alden P Wong
(415) 793-1577
Added: Apr 24
Changed: Aug 3
Last Checked: Aug 7 at 2:06PM
MLS# 426124885
Copyright © 2026 San Francisco Association of REALTORS. 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 duplex includes two units under one ownership structure, with central heating and a garage parking feature. The home is set on a 0.0962-acre lot and totals 2,073 square feet. Built in 1925, the property features tile and wood flooring and includes free-standing kitchen and laundry appliances such as a gas range and a refrigerator.
The duplex at 795-797 Alcatraz Avenue is served by public water and public sewer. Room layout information includes four bedrooms and two bathrooms across the residences.
The appliances, central heating, and garage parking are practical day-to-day considerations for residential tenants, while the smaller lot size and established build year may appeal to buyers looking for a straightforward duplex configuration.
The duplex at 795-797 Alcatraz Avenue is served by public water and public sewer. Room layout information includes four bedrooms and two bathrooms across the residences.
The appliances, central heating, and garage parking are practical day-to-day considerations for residential tenants, while the smaller lot size and established build year may appeal to buyers looking for a straightforward duplex configuration.
Key Highlights
- 0.0962‑acre lot with duplex at 795‑797 Alcatraz Avenue, Oakland, CA 94609
- 2,073 square feet duplex total
- Built in 1925
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
$47,509
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
6.01%
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%
$950,180
$950.2K
Cap Rate 7%
$678,700
$678.7K
Cap Rate 9%
$527,878
$527.9K
Market Conditions
NOI Build-Up for 2,073 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
$70.9K $34.20/SF
− Vacancy
−$3.0K −$1.46/SF
EGI
$67.9K $32.74/SF
− OpEx
−$20.4K −$9.82/SF
NOI
$47.5K $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%
$950,180
Cap Rate 7%
$678,700
Cap Rate 9%
$527,878
Alternative Uses
Best Use
Multifamily LT 5
$678.7K
$593.9K – $791.8K
NOI $47,509 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$625.3K
$547.1K – $729.5K
NOI $43,771 @ 7.0% cap · market cap 5.54%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,141
Businesses Nearby
Explore this area
Business Placement
Demographics for 94609, CA
23,578
Population
11,915
Households
2
Avg Household Size
36
Median Age
62%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
13,869
Density / Sq Mi
$106,698
Median Household Income
$69,221
Median Earnings
$2,116
Median Rent
$1,147,900
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 - Duplex with central heating, tile and wood flooring, public utilities, and a garage parking feature.
Where is this duplex located?
The property is located at 795-797 Alcatraz Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: 0.0962‑acre lot with duplex at 795‑797 Alcatraz Avenue, Oakland, CA 94609; 2,073 square feet duplex total; Built in 1925
