Historic Duplex with Studio and
1035 8th Ave Oakland, CA 94606
For Sale
Contact for pricing
Duplex combines a studio and two-bedroom unit, offering flexible residential income layout near transit and amenities.
Property Size1,369 SF
Price / SF$292.18
Days on Market51
Property Features for 1035 8th Ave
General Information
- Standard status
- Active
- Size
- 1,369 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1904
Listing Agency:
Walker & Dunlop
Listed By:
Mike Colhoun · License #CA #01464496
Source:
Crexi
Added: Jun 3
Changed: Jul 10
Last Checked: Jul 22 at 4:56PM
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 Walker & Dunlop
Investment Insights
Based on property information with market context.
1035 8th Ave is a duplex featuring a studio unit and a two-bedroom residence. Built in 1904, the property offers approximately 1,369 square feet of living space and reflects classic architectural character while providing a practical multi-unit layout. The unit mix creates straightforward options for residents who want a smaller footprint in one home and additional space in the other.
The property is located at 1035 8th Ave in Oakland’s East Peralta neighborhood. According to the remarks, the area provides convenient access to transit and nearby amenities, which can support day-to-day convenience for occupants.
This duplex is well suited for buyers seeking a residential income property with two distinct living configurations under one roof. The studio/two-bedroom combination can appeal to a range of household needs while keeping the asset simple to manage as a single, two-unit building. For an owner-occupant, the layout also allows the possibility of living in one unit while renting the other, depending on the buyer’s objectives.
The property is located at 1035 8th Ave in Oakland’s East Peralta neighborhood. According to the remarks, the area provides convenient access to transit and nearby amenities, which can support day-to-day convenience for occupants.
This duplex is well suited for buyers seeking a residential income property with two distinct living configurations under one roof. The studio/two-bedroom combination can appeal to a range of household needs while keeping the asset simple to manage as a single, two-unit building. For an owner-occupant, the layout also allows the possibility of living in one unit while renting the other, depending on the buyer’s objectives.
Key Highlights
- Duplex built in 1904 in Oakland’s East Peralta neighborhood
- Multi‑unit layout includes a studio unit plus a two‑bedroom residence
- Approximately 1,369 SF combined building size
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 | $44.4k | $32.40 |
| − Vacancy | −$2.3k | −$1.69 |
| EGI | $42.0k | $30.71 |
| − OpEx | −$12.6k | −$9.21 |
| NOI | $29.4k | $21.50 |
1,369 SF · lease $32.40/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$420.4K
$367.9K – $490.5K
NOI $29,428 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$384.2K
$336.2K – $448.3K
NOI $26,896 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$623.6K
$545.7K – $727.6K
NOI $43,654 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex combines a studio and two-bedroom unit, offering flexible residential income layout near transit and amenities.
Where is this duplex located?
The property is located at 1035 8th Ave Oakland, CA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Duplex built in 1904 in Oakland’s East Peralta neighborhood; Multi‑unit layout includes a studio unit plus a two‑bedroom residence; Approximately 1,369 SF combined building size
