Two-Unit Duplex with
1115 12th Avenue Oakland, CA 94606
1115 12th Avenue, Oakland, CA, 94606
Contact for pricing
For Sale
Contact for pricing
Two separate residential units with four total bedrooms and dedicated parking for income-oriented ownership.
Property Size1,956 SF
Lot Size0.12 Acres
Price / SF$421.78
Days on Market54
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 agency
CT Square Inc.
Listed by
Lisa Cheng · License #02211962
Source
Crexi
Added: May 29 Updated: Jul 10 at 1:51PM Checked: Jul 20 at 6:43AM
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.
Investment Insights
Based on property information with market context.
This duplex property includes two units totaling four bedrooms and two bathrooms, providing a straightforward two-residence setup within a single 1,956 sq ft structure. The site also includes an additional one-bedroom, one-bath unit; however, the legality of this extra unit is not warranted. Parking is available on-site.
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.
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.
Key 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)
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 |
1,956 SF · lease $32.40/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$600.7K
$525.6K – $700.8K
NOI $42,046 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$549.0K
$480.4K – $640.5K
NOI $38,429 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$891.0K
$779.7K – $1.04M
NOI $62,372 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate residential units with four total bedrooms and dedicated parking for income-oriented ownership.
Where is this duplex located?
The property is located at 1115 12th Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 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)
