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Oakland Multifamily Investment Opportunity

1254 12th Street, Oakland, CA 94606

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For Sale

$1,599,000

Well-maintained 6-unit building in Oakland's San Antonio District.

Type:Commercial

Property size:

6,915 SF

Price / SF:

$231/SF

HighLights

Strong, consistent rental income from 6 units.
Unit #6 to be delivered vacant, ideal for owner‑occupancy or immediate lease‑up.
New roof (2018) and sewer lateral compliance valid through 2033.
Located in Oakland’s vibrant San Antonio District.
Bonus studio space included.
Charming shared courtyard.

We can help!

Listing Contact

RACHAEL SMITH

For Sale

$1,599,000

Well-maintained 6-unit building in Oakland's San Antonio District.

Type:Commercial

Property size:

6,915 SF

Price / SF:

$231/SF

Added:: Oct 11, 2025
Days on Market:: 255
Last Refresh:: Apr 5 at 8:29 pm

Property Features for 1254 12th Street

General Information

Standard status: Active
Size: 6,915 SF
Property subtype: Commercial

Building Details

Year Built: 1968

We can help!

Listing Contact

RACHAEL SMITH

Listing agent RACHAEL SMITH

Listing office ABIO PROPERTIES

Listing date Oct 11, 2025

Source Corcoran

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 ABIO PROPERTIES

HighLights

Strong, consistent rental income from 6 units.
Unit #6 to be delivered vacant, ideal for owner‑occupancy or immediate lease‑up.
New roof (2018) and sewer lateral compliance valid through 2033.
Located in Oakland’s vibrant San Antonio District.
Bonus studio space included.
Charming shared courtyard.

Overview

Located in Oakland’s San Antonio District, this well-maintained 6-unit building presents an investment opportunity. The property provides rental income, with one unit to be delivered vacant, suitable for owner-occupancy or immediate lease-up at market rent. A bonus studio space and a shared courtyard are included. The property has a new roof installed in 2018. Sewer lateral compliance is valid through 2033. Solar panels are installed on the roof, and the buyer will assume the existing solar agreement. The property is fully occupied with market-rate rents. The property size is 6,915 square feet. The property may qualify for Opportunity Zone benefits and Small Business loan financing.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$261.4k	$37.80
− Vacancy	−$14.4k	−$2.08
EGI	$247.0k	$35.72
− OpEx	−$111.2k	−$16.07
NOI	$135.9k	$19.65

6,915 SF · lease $37.80/SF/yr · vacancy 5.50% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$1.94M

$1.70M – $2.26M (±1% cap)

NOI $135,856 @ 7.0% cap · market cap 8.50%

Second Best

—

no second resolved use

Theoretical Best

Office A

$3.15M

$2.76M – $3.68M (±1% cap)

NOI $220,501 @ 7.0% cap · market cap 13.79%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

DanaKingArt Artist

Suggested Use

Location Insight

Map
Local Demand

City: Oakland
County: Alameda
State: California
Longitude: -122.248
Latitude: 37.7895

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For sale
Apartment buildings
CA
Oakland
94606
1254 12th Street

What type of property is this?

Apartment building - Well-maintained 6-unit building in Oakland's San Antonio District.

Where is this apartment building located?

The property is located at 1254 12th Street Oakland, CA.

What is the asking price?

The asking price for this property is $1,599,000.

What are key features of this property?

This property features: Strong, consistent rental income from 6 units.; Unit #6 to be delivered vacant, ideal for owner‑occupancy or immediate lease‑up.; New roof (2018) and sewer lateral compliance valid through 2033.