1115 12th Avenue, Oakland, CA 94606
Two separate residential units with four total bedrooms and dedicated parking for income-oriented ownership.
- Added:
- May 29, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 6 at 3:37 am
Property Features for 1115 12th Avenue
General Information
- Standard status
- Active
- Size
- 1,956 SF
- Lot size
- 0.12 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1900
Listing agent Lisa Cheng License #02211962
Listing office CT Square Inc.
Listing date May 29, 2026
Source Crexi
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 CT Square Inc.
HighLights
- Two separate residential units totaling 1,956 sq ft
- 2‑unit setup with four total bedrooms across both units
- Includes 4 beds / 2 baths total (plus one extra 1 bed / 1 bath unit noted—legality not warranted)
- Lot size of 5,200 sq ft
- Dedicated parking with at least one parking space
Overview
The property is located at 1115 12th Avenue in Oakland, CA 94606. The lot size is listed as 5,200 sq ft, giving the property a contained footprint designed for residential use with on-site parking.
For buyers or operators seeking a duplex-style residential income property, the existing two-unit configuration can support flexible occupancy and tenant mix, with a combined four-bedroom, two-bath layout across the main units. The third unit option may add further living flexibility, but prospective purchasers should carefully verify the legal status and permitting for that additional one-bedroom, one-bath unit. With the parking available and the units defined as separate residences, this home can be evaluated as a practical ownership or portfolio asset where on-site residential management is a priority.
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 | $63.4k | $32.40 |
| − Vacancy | −$3.3k | −$1.69 |
| EGI | $60.1k | $30.71 |
| − OpEx | −$18.0k | −$9.21 |
| NOI | $42.0k | $21.50 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.24987
- Latitude
- 37.7896244
