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Victorian Duplex with Two Units
For Sale
$949,000

1002-1004 36th St, Oakland, CA 94607

The two-unit property combines preserved Victorian details with modern upgrades and substantial interior space.

Property Size2,700 SF
Price / SF$351.48
Days on Market130

Property Features for 1002-1004 36th St

General Information

Standard status Active
Size 2,700 SF
Property subtype Multi Family

Building Details

Year Built 1880
Listing Agency: Coldwell Banker Realty
Listed By: Antonia Robinson · License #00970629
Source: Exitrealty
Added: Jun 11 Changed: Oct 13 Last Checked: Oct 12 at 6:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

Built in 1880, this duplex contains approximately 2700 sq ft across two residential units. Both residences offer high ceilings, generous layouts, and architectural details associated with the Victorian era, along with modern upgrades. The upper unit includes 4 + bedrooms, a private primary suite, 2 full bathrooms, a family room, and an updated kitchen. The lower unit provides 4 bedrooms and 2 bathrooms. A large basement and attic add substantial interior areas for future expansion.

The property sits on the Oakland/Emeryville border and includes a 2-car garage, 2 driveway spaces, and a tandem side driveway. The sewer lateral is compliant. The configuration also supports an owner-occupied arrangement with one unit available for rental.

Key Highlights

  • Approximately 2700 sq ft across 2 residential units
  • Upper unit includes 4 + bedrooms, a private primary suite, 2 full bathrooms, family room, and updated kitchen
  • Lower unit offers 4 bedrooms and 2 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$61,878
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,237,560 $1.2M
Cap Rate 7%
$883,971 $884.0K
Cap Rate 9%
$687,533 $687.5K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$92.3K $34.20/SF
− Vacancy
−$3.9K −$1.46/SF
EGI
$88.4K $32.74/SF
− OpEx
−$26.5K −$9.82/SF
NOI
$61.9K $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 Rate 5%
$1,237,560
Cap Rate 7%
$883,971
Cap Rate 9%
$687,533

Alternative Uses

Best Use
Multifamily LT 5
$884.0K
$773.5K – $1.03M (±1% cap)
NOI $61,878 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$814.4K
$712.6K – $950.2K (±1% cap)
NOI $57,011 @ 7.0% cap · market cap 6.01%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service Mobile Phone Store Electrical Service Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,828
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The two-unit property combines preserved Victorian details with modern upgrades and substantial interior space.
Where is this duplex located?
The property is located at 1002-1004 36th St Oakland, CA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Approximately 2700 sq ft across 2 residential units; Upper unit includes 4 + bedrooms, a private primary suite, 2 full bathrooms, family room, and updated kitchen; Lower unit offers 4 bedrooms and 2 bathrooms
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