Two-Unit Duplex with Outdoor
For Sale
$649,000
Pending
1707-1709 Peralta St, Oakland, CA 94607
Two residences offer distinct layouts, kitchens, and private outdoor areas.
Property Size2,138 SF
Days on Market232
Property Features for 1707-1709 Peralta St
General Information
Standard status
Pending
Size
2,138 SF
Property subtype
Multi Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
4BR/1BA, 2BR/1BA
Multifamily Units
2
Amenities
deck
backyard
bonus rooms
Building Details
Year Built
1900
Listing Agency:
Real Broker
(619) 248-6434
Listed By:
Eli Beyder · License #02015484
(415) 916-2676
Source:
Exitrealty
Added: Jan 19
Changed: Sep 2
Last Checked: Sep 7 at 6:12AM
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 Real Broker
Investment Insights
Based on property information with market context.
This duplex contains two separate residences totaling 2,138 square feet. The 1707 unit includes four bedrooms, one bathroom, a kitchen with eat-in dining space, and a deck that provides additional outdoor area. The 1709 unit offers two bedrooms, one bathroom, a living area, kitchen, bonus rooms, and a backyard.
Built in 1900, the property is located at 1707-1709 Peralta St in Oakland’s West Oakland area. It sits near the Prescott Night Market and the future Prescott Market Hall, with access to downtown Oakland, major highways, public transportation, dining, and local amenities.
Built in 1900, the property is located at 1707-1709 Peralta St in Oakland’s West Oakland area. It sits near the Prescott Night Market and the future Prescott Market Hall, with access to downtown Oakland, major highways, public transportation, dining, and local amenities.
Key Highlights
- Two separate residences with 2,138 square feet combined
- 1707 unit includes 4 bedrooms, 1 bathroom, eat‑in kitchen, and deck
- 1709 unit features 2 bedrooms, 1 bathroom, bonus rooms, and backyard
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
$48,998
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
7.55%
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%
$979,960
$980.0K
Cap Rate 7%
$699,971
$700.0K
Cap Rate 9%
$544,422
$544.4K
Market Conditions
NOI Build-Up for 2,138 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
$73.1K $34.20/SF
− Vacancy
−$3.1K −$1.46/SF
EGI
$70.0K $32.74/SF
− OpEx
−$21.0K −$9.82/SF
NOI
$49.0K $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%
$979,960
Cap Rate 7%
$699,971
Cap Rate 9%
$544,422
Alternative Uses
Best Use
Multifamily LT 5
$700.0K
$612.5K – $816.6K
NOI $48,998 @ 7.0% cap · market cap 7.55%
Second Best
Apartment 5plus
$644.9K
$564.3K – $752.4K
NOI $45,144 @ 7.0% cap · market cap 6.96%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,388
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer distinct layouts, kitchens, and private outdoor areas.
Where is this duplex located?
The property is located at 1707-1709 Peralta St Oakland, CA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two separate residences with 2,138 square feet combined; 1707 unit includes 4 bedrooms, 1 bathroom, eat‑in kitchen, and deck; 1709 unit features 2 bedrooms, 1 bathroom, bonus rooms, and backyard
