1032 Magnolia St, Oakland, CA 94607
MULTI_FAMILY - Oakland, CA
- Added:
- Jun 9, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 9 at 6:06 pm
Property Features for 1032 Magnolia St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bedroom 2
- Parking features
- Off Street
- Exterior features
- Back Yard, Front Yard, Garden
- Appliances
- Dryer, Washer
- Standard status
- Active
- APN
- 43323
- Size
- 2,535 SF
- Lot size
- 0.10 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1907
- Flooring type
- Hardwood
- Building materials
- Lap, Wood Siding
Listing agent Daniel Winkler License #01090765 (510) 421-4528
Listing office Winkler Real Estate Group 1215 Solano Ave, Albany, CA (510) 528-2200
Listing date Jun 9, 2026
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex at 1032–1034 Magnolia St. in West Oakland with two spacious units
- One unit currently rented at $2,795/month; other unit delivered as a blank canvas for renovation
- Huge rear yard plus front yard and garden areas, with potential to expand outdoor living space
- Year built 1907; wood siding with lap exterior finishes
- Hardwood flooring and natural gas heating; public water and public sewer
- Off‑street parking and in‑unit laundry appliances (washer and dryer)
Overview
Located in West Oakland at 1032-1034 Magnolia St. in Oakland, CA 94607, the configuration offers an owner-occupant and investor alike the ability to treat the property as either a two-family rental or a live-in setup with a separate unit.
For tenants, buyers, and owner-occupants seeking flexibility, this layout can accommodate different living arrangements within the same building. The renovation-available unit provides room to tailor finishes and condition to a future plan, while the currently rented unit supports ongoing rental income based on the stated rent amount. The duplex format, combined with the separated feel between units and the outdoor yard space, makes the property a practical choice for those looking to balance personal use with an additional income stream.
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 | $86.7k | $34.20 |
| − Vacancy | −$3.7k | −$1.46 |
| EGI | $83.0k | $32.74 |
| − OpEx | −$24.9k | −$9.82 |
| NOI | $58.1k | $22.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.287859
- Latitude
- 37.807433
