Six-Unit Multifamily Property with
1212 12th Street Oakland, CA 94607
For Sale
$1,495,000
Six-unit multifamily with a diversified unit mix, ample on-site parking, and a dedicated laundry room.
Property Size4,654 SF
Price / SF$321.23
Days on Market85
Property Features for 1212 12th Street
General Information
Standard status
Active
Size
4,654 SF
Property subtype
Multi Family
Building Details
Year Built
1963
Listing Agency:
Andersen, Jung & Co.
(415) 397-1966
Listed By:
Monica H Chung · License #01079185
Source:
Cityrealestatesf
Added: May 6
Changed: Jul 28
Last Checked: Jul 29 at 10:54AM
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 Andersen, Jung & Co.
Investment Insights
Based on property information with market context.
This six-unit multifamily property offers a diversified residential unit mix, including four 2-bedroom/1-bath units, one 3-bedroom/2-bath corner unit, and one 1-bedroom/1-bath unit. The 1-bedroom unit includes its own private garage, and the property also provides ample on-site parking and a dedicated laundry room.
Located in West Oakland at 1212 12th Street, the property is described as having immediate access to BART and major transportation corridors, supporting convenient commuting to employment hubs.
As configured, the asset provides multiple income streams across studio-to-family sized layouts, with shared on-site amenities including parking and laundry.
Located in West Oakland at 1212 12th Street, the property is described as having immediate access to BART and major transportation corridors, supporting convenient commuting to employment hubs.
As configured, the asset provides multiple income streams across studio-to-family sized layouts, with shared on-site amenities including parking and laundry.
Key Highlights
- 6‑unit multifamily property built in 1963
- Unit mix includes four 2 bed/1 bath units, one 3 bed/2 bath corner unit, and one 1 bed/1 bath unit
- 1 bed/1 bath unit includes its own private garage
Financial Insights For Apartment 5plus
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 | $187.1k | $40.20 |
| − Vacancy | −$8.4k | −$1.81 |
| EGI | $178.7k | $38.39 |
| − OpEx | −$80.4k | −$17.28 |
| NOI | $98.3k | $21.12 |
4,654 SF · lease $40.20/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.40M
$1.23M – $1.64M
NOI $98,269 @ 7.0% cap · market cap 6.57%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.52M
$1.33M – $1.78M
NOI $106,659 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit multifamily with a diversified unit mix, ample on-site parking, and a dedicated laundry room.
Where is this apartment building located?
The property is located at 1212 12th Street Oakland, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 6‑unit multifamily property built in 1963; Unit mix includes four 2 bed/1 bath units, one 3 bed/2 bath corner unit, and one 1 bed/1 bath unit; 1 bed/1 bath unit includes its own private garage
