Remodeled Victorian
For Sale
Under Contract
$888,000
1225 Campbell Street, Oakland, CA 94607
Residential Income, Oakland, CA
Property Size2,092 SF
Lot Size0.07 Acres
Price / SF$424.47
Days on Market71
Property Features for 1225 Campbell Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Laundry Room, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 2
Security features
Security
Patio and Porch features
Deck
Exterior features
Yard Space
Fencing
Fenced
Appliances
Dishwasher, Free-Standing Refrigerator, Tankless Water Heater, Washer/Dryer
Lot features
Landscaped, Landscape Front, Landscaped, Landscape Front
Subdivision
Oakland Zip 94607
Standard status
Active Under Contract
APN
0060011033
Size
2,092 SF
Lot size
0.07 Acres
Utilities
Sewer type
Private Sewer
Heating system
Wall Furnace
Amenities
rear deck
private backyard
Building Details
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Roof type
Shingle
Architectural style
Victorian
Listing Agency:
Luxe Places International Realty
(415) 440-0000
Listed By:
Matthew L Wong · License #02056283
(510) 318-1832
Added: Jun 25
Changed: Aug 19
Last Checked: Sep 3 at 9:06AM
MLS# 426142490
Copyright © 2026 San Francisco Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,092-square-foot duplex pairs a Victorian architectural style with a recent interior renovation. Built in 1895, the property contains two residences, each with three bedrooms and two full bathrooms. Both units are vacant, fully permitted, and configured with modern finishes, vinyl flooring, wall furnaces, dishwashers, free-standing refrigerators, tankless water heaters, and washer/dryer appliances.
Outdoor features include a new rear deck, fenced yard space, and a private backyard. The property occupies 0.0654 acres and includes a private sewer connection. Its Oakland location provides access to West Oakland BART, major freeways, downtown Oakland, Jack London Square, and routes used by San Francisco commuters.
The vacant delivery allows an owner to occupy one residence while leasing the other, lease both units, or use the two-home layout for multigenerational living.
Outdoor features include a new rear deck, fenced yard space, and a private backyard. The property occupies 0.0654 acres and includes a private sewer connection. Its Oakland location provides access to West Oakland BART, major freeways, downtown Oakland, Jack London Square, and routes used by San Francisco commuters.
The vacant delivery allows an owner to occupy one residence while leasing the other, lease both units, or use the two-home layout for multigenerational living.
Key Highlights
- Two‑unit duplex with 2,092 square feet of property size
- Each residence includes 3 bedrooms and 2 full bathrooms
- Built in 1895 with Victorian architectural style and permitted remodeling
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,944
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$958,880
$958.9K
Cap Rate 7%
$684,914
$684.9K
Cap Rate 9%
$532,711
$532.7K
Market Conditions
NOI Build-Up for 2,092 SF
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.
Gross rent
$71.5K $34.20/SF
− Vacancy
−$3.1K −$1.46/SF
EGI
$68.5K $32.74/SF
− OpEx
−$20.5K −$9.82/SF
NOI
$47.9K $22.92/SF
Area
Oakland, CA
Vacancy
4.27%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$958,880
Cap Rate 7%
$684,914
Cap Rate 9%
$532,711
Alternative Uses
Best Use
Multifamily LT 5
$684.9K
$599.3K – $799.1K
NOI $47,944 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$631.0K
$552.2K – $736.2K
NOI $44,173 @ 7.0% cap · market cap 4.97%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,058
Businesses Nearby
Explore this area
Business Placement
Demographics for 94607, CA
31,067
Population
14,362
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
5,266
Density / Sq Mi
$87,937
Median Household Income
$67,107
Median Earnings
$1,875
Median Rent
$744,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Both vacant residences offer three bedrooms, two full bathrooms, updated finishes, and immediate flexibility for occupancy or leasing.
Where is this duplex located?
The property is located at 1225 Campbell Street Oakland, CA.
What is the asking price?
The asking price for this property is $888,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,092 square feet of property size; Each residence includes 3 bedrooms and 2 full bathrooms; Built in 1895 with Victorian architectural style and permitted remodeling
