Oakland Duplex Investment
2445 10th Avenue Oakland, CA 94606
2445 10th Avenue, Oakland, CA, 94606
$569,000
For Sale
$569,000
Duplex in Oakland, each unit with laundry room.
Property Size2,175 SF
Lot Size0.13 Acres
Price / SF$261.61
Days on Market446
Property Features for 2445 10th Avenue
General Information
- Standard status
- Active
- Size
- 2,175 SF
- Lot size
- 0.13 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1922
Listing Agency
GS STRATEGIES, INC.
(909) 228-5255
Listed by
JOHN MARTINDALE · License #01155188
(909) 228-5255
Source
Exitrealty
Added: Apr 30, 2025 Checked: Jul 19 at 4:01 am
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 GS STRATEGIES, INC.
Investment Insights
Based on property information with market context.
This duplex, located at 2445 10th Avenue, Oakland, CA 94606, presents an investment opportunity. Constructed in 1922, the building offers 2,175 square feet of living space and is situated on a 5,625 square foot lot. Each unit has its own laundry room. The garage has been altered for storage. The property includes a rear yard with play equipment and privacy. Located in the Peralta Joint Unified school district. The property is being sold in As-Is condition.
Key Highlights
- Duplex property offering investment potential
- Total of 2,175 square feet of living space
- Situated on a 5,625 square foot lot
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 | $70.5k | $32.40 |
| − Vacancy | −$3.7k | −$1.69 |
| EGI | $66.8k | $30.71 |
| − OpEx | −$20.0k | −$9.21 |
| NOI | $46.8k | $21.50 |
2,175 SF · lease $32.40/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$667.9K
$584.4K – $779.2K
NOI $46,754 @ 7.0% cap · market cap 8.22%
Second Best
Apartment 5plus
$610.4K
$534.1K – $712.2K
NOI $42,731 @ 7.0% cap · market cap 7.51%
Theoretical Best
Office A
$990.8K
$866.9K – $1.16M
NOI $69,355 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Abby's Angel Hands
Home Health Care Service
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FAQs
What type of property is this?
Duplex - Duplex in Oakland, each unit with laundry room.
Where is this duplex located?
The property is located at 2445 10th Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Duplex property offering investment potential; Total of 2,175 square feet of living space; Situated on a 5,625 square foot lot
