Tenant-Occupied Duplex with
10351037 Warfield Avenue Oakland, CA 94610
10351037 Warfield Avenue, Oakland, CA, 94610
$700,000
For Sale
$700,000
Duplex on a large lot offering a split-level 2-bedroom cottage plus an attached studio with in-unit laundry.
Property Size1,375 SF
Price / SF$509.09
Days on Market23
Property Features for 10351037 Warfield Avenue
General Information
- Standard status
- Active
- Size
- 1,375 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1919
Listing agency
Compass
(650) 455-5326
Listed by
Laura Lee · License #02072942
(650) 455-5326
Source
Exitrealty
Added: Jun 29 Updated: Jul 20 at 5:29PM Checked: Jul 21 at 4:07AM
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 Compass
Investment Insights
Based on property information with market context.
1035-1037 Warfield Avenue is a tenant-occupied duplex configured as a split-level 2-bedroom, 2-bath main cottage and an attached studio created from a portion of the original 3-car garage. The cottage includes a bright living room, a spacious kitchen with ample cabinetry, and a private deck overlooking surrounding greenery. The upper level features a bedroom and a hall bath formed from a partitioned section of the original garage, and the home has in-unit laundry. The attached studio provides an open living/sleeping area, kitchen, a full bath, and stacked laundry.
The property sits on an expansive lot with outdoor space, with additional possibilities that buyer should investigate. The hillside setting offers neighborhood outlooks, and the location is described as convenient to shopping, dining, neighborhood amenities, and commuter routes.
This is a distinctive residential income property with two separate living spaces under one roof, presenting options for continued rental income or future owner-occupancy. The studio’s configuration and laundry arrangements support flexible use within the duplex structure.
The property sits on an expansive lot with outdoor space, with additional possibilities that buyer should investigate. The hillside setting offers neighborhood outlooks, and the location is described as convenient to shopping, dining, neighborhood amenities, and commuter routes.
This is a distinctive residential income property with two separate living spaces under one roof, presenting options for continued rental income or future owner-occupancy. The studio’s configuration and laundry arrangements support flexible use within the duplex structure.
Key Highlights
- Tenant‑occupied duplex featuring a split‑level 2‑bedroom, 2‑bath cottage plus an attached studio
- Split‑level cottage includes a bright living room, spacious kitchen with ample cabinetry, and a private deck
- Cottage layout includes an upper‑level bedroom and a hall bath created from a partitioned section of the original garage
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 | $47.0k | $34.20 |
| − Vacancy | −$2.0k | −$1.46 |
| EGI | $45.0k | $32.74 |
| − OpEx | −$13.5k | −$9.82 |
| NOI | $31.5k | $22.92 |
1,375 SF · lease $34.20/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$450.2K
$393.9K – $525.2K
NOI $31,512 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$414.8K
$362.9K – $483.9K
NOI $29,033 @ 7.0% cap · market cap 4.15%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex on a large lot offering a split-level 2-bedroom cottage plus an attached studio with in-unit laundry.
Where is this duplex located?
The property is located at 10351037 Warfield Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Tenant‑occupied duplex featuring a split‑level 2‑bedroom, 2‑bath cottage plus an attached studio; Split‑level cottage includes a bright living room, spacious kitchen with ample cabinetry, and a private deck; Cottage layout includes an upper‑level bedroom and a hall bath created from a partitioned section of the original garage
