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Oakland Duplex with Victorian Charm

1433 15th Avenue Oakland, CA 94606

1433 15th Avenue, Oakland, CA, 94606
$499,000
For Sale
$499,000

MULTI_FAMILY - Oakland, CA

Property Size2,038 SF
Lot Size0.07 Acres
Price / SF$244.85
Days on Market103

Property Features for 1433 15th Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 3, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1
Interior features
Shower Stall(s)
Exterior features
Back Yard, Front Yard
Fencing
Fenced
Fireplace
1
Standard status
Active
APN
201436
Size
2,038 SF
Lot size
0.07 Acres

Utilities

Sewer type
Public Sewer
Heating system
Central
Water source
Public

Building Details

Year built
1904
Number of units
2
Flooring type
Carpet
Building materials
Frame
Roof type
Composition
Listing agency Keller Williams Tri-Valley
Listed by Heather Adams
Added: Apr 10 Updated: Jul 11 at 3:34AM Checked: Jul 21 at 5:06PM
MLS# 41130459

Copyright © 2026 Bay East. 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.

Located in Oakland's San Antonio neighborhood, this 1904 Victorian-style duplex presents opportunities as a rental property or for owner-occupancy with rental income. The property offers charm and character with room for creative freedom. The duplex includes a large backyard suitable for enjoying the Bay Area weather or entertaining. Both units feature updated flooring and some updated electrical systems. The upper unit includes a newer deck. A new roof was installed in 2025. The property is located close to shopping, dining, freeway access, and Oakland International Airport. The property size is 2038 square feet, situated on a lot of 0.0689 acres.

Key Highlights

  • 1904 Victorian‑style duplex with two units in Oakland’s San Antonio neighborhood
  • New roof installed in 2025 with composition roofing
  • Both units feature updated flooring and some updated electrical

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 $66.0k $32.40
− Vacancy −$3.4k −$1.69
EGI $62.6k $30.71
− OpEx −$18.8k −$9.21
NOI $43.8k $21.50
2,038 SF · lease $32.40/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$625.8K
$547.6K – $730.2K (±1% cap)
NOI $43,809 @ 7.0% cap · market cap 8.78%
Second Best
Apartment 5plus
$572.0K
$500.5K – $667.3K (±1% cap)
NOI $40,040 @ 7.0% cap · market cap 8.02%
Theoretical Best
Office A
$928.4K
$812.3K – $1.08M (±1% cap)
NOI $64,986 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Electrical Service Pet Grooming Service (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Arcade & Gaming Center HVAC Service

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

FAQs

What type of property is this?
Duplex - Victorian duplex in San Antonio neighborhood with updated features.
Where is this duplex located?
The property is located at 1433 15th Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1904 Victorian‑style duplex with two units in Oakland’s San Antonio neighborhood; New roof installed in 2025 with composition roofing; Both units feature updated flooring and some updated electrical
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