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    Oakland Duplex with Development Potential Title is generated by Realmo AI

    2123-2125 High St, Oakland, CA 94601

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    Claim this Listing
    Pending
    $499,999

    MULTI_FAMILY - Oakland, CA

    Property size:
    1,822 SF
    Lot size:
    0.11 Acres
    Added:
    Oct 20, 2025
    Days on Market:
    250
    Last Refresh:
    Jun 26 at 10:06 am

    Property Features for 2123-2125 High St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    8
    Rooms
    Bedroom 3, Bathroom 6, Bathroom 8, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 7, Bedroom 2, Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 5
    Parking features
    Garage, Parking Lot
    Exterior features
    Back Yard, Front Yard
    Fireplace
    1
    Appliances
    Gas Water Heater
    Standard status
    Pending
    APN
    32208214
    Size
    1,822 SF
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Floor Furnace
    Water source
    Public

    Building Details

    Year built
    1933
    Number of units
    2
    Flooring type
    Linoleum, Hardwood
    Building materials
    Stucco

    We can help!

    Contact an agent
    Diane Johansen

    Listing agent Diane Johansen License #1415547

    Listing office EXP Realty of California, Inc 2603 Camino Ramon Ste 200, San Ramon, CA

    Listing date Oct 20, 2025

    MLS# 41115309 Listing URL

    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.

    HighLights

    • Duplex built in 1933 with two 2‑bedroom, 2‑bath units
    • Each unit includes its own fenced backyard with front and back yard areas
    • Garage on site, and the garage is framed for a possible 3rd unit (permits unknown)
    • Heating includes floor furnace; gas water heater
    • Stucco exterior with hardwood and linoleum flooring
    • On‑site parking includes garage and a parking lot; fireplace present

    Overview

    This duplex, situated in the Laurel District/Fruitvale neighborhood of Oakland, California, offers two spacious units, each featuring two bedrooms and two bathrooms. The property, with a total size of 1822 square feet, is positioned on a 0.1143-acre lot. The garage has been framed for a possible third unit, though permits are unknown. Each unit includes its own fenced backyard. The location provides convenient access to both the 580 and 880 freeways, Highway 13, and BART, facilitating connectivity to the wider Bay Area. Proximity to schools, shopping, dining, parks, and hiking areas enhances the desirability for both renters and owner-occupants. This property presents an opportunity for rental income or owner-occupancy with the potential for additional development.

    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 $62.3k $34.20
    − Vacancy −$2.6k −$1.44
    EGI $59.7k $32.76
    − OpEx −$17.9k −$9.83
    NOI $41.8k $22.93
    1,822 SF · lease $34.20/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $597.0K
    $522.3K – $696.5K (±1% cap)
    NOI $41,787 @ 7.0% cap · market cap 8.36%
    Second Best
    Apartment 5plus
    $554.2K
    $484.9K – $646.6K (±1% cap)
    NOI $38,794 @ 7.0% cap · market cap 7.76%
    Theoretical Best
    Office A
    $742.7K
    $649.8K – $866.5K (±1% cap)
    NOI $51,987 @ 7.0% cap · market cap 10.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.2093643
    Latitude
    37.7775606

    FAQs

    What type of property is this?
    Duplex - Charming duplex in Laurel District/Fruitvale with development potential.
    Where is this duplex located?
    The property is located at 2123-2125 High St Oakland, CA.
    What is the asking price?
    The asking price for this property is $499,999.
    What are key features of this property?
    This property features: Duplex built in 1933 with two 2‑bedroom, 2‑bath units; Each unit includes its own fenced backyard with front and back yard areas; Garage on site, and the garage is framed for a possible 3rd unit (permits unknown)
    More about this property
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