Two-Unit Duplex with Separate
For Sale
$688,000
2212 25Th Ave, Oakland, CA 94601
Separate utility meters support independent operation of each residential unit.
Property Size2,866 SF
Days on Market20
Property Features for 2212 25Th Ave
General Information
Standard status
Active
Size
2,866 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/2BA, 1 x 4BR/2BA
Multifamily Units
2
Building Details
Building Size
2,866 SF
Year Built
1906
Buildings
1
Listing Agency:
KW Advisors East Bay
Listed By:
Nancy Mach · License #01424474
(510) 910-8883
Source:
Coastandcore
Added: Aug 14
Changed: Aug 31
Last Checked: Sep 2 at 12:33AM
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 KW Advisors East Bay
Investment Insights
Based on property information with market context.
This two-unit duplex includes distinct utility metering for each residence. Unit 2212 provides 3 bedrooms and 2 baths, while Unit 2208 offers 4 bedrooms and 2 baths. Both units include a formal living room, kitchen, and eat-in area. The property was built in 1906 and features a roof installed in 2021.
The site includes a spacious lot, an extended driveway, and a low-maintenance backyard. Its Oakland location places the property near I-580, I-880, BART, public transportation, shopping, parks, and schools. The separate unit layouts and individual meters provide a clear two-residence configuration for residential income use.
The site includes a spacious lot, an extended driveway, and a low-maintenance backyard. Its Oakland location places the property near I-580, I-880, BART, public transportation, shopping, parks, and schools. The separate unit layouts and individual meters provide a clear two-residence configuration for residential income use.
Key Highlights
- Two‑unit duplex with separate utility meters
- Unit 2212 includes 3 bedrooms and 2 baths
- Unit 2208 includes 4 bedrooms and 2 baths
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
$61,023
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
8.87%
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%
$1,220,460
$1.2M
Cap Rate 7%
$871,757
$871.8K
Cap Rate 9%
$678,033
$678.0K
Market Conditions
NOI Build-Up for 2,866 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
$115.2K $40.20/SF
− Vacancy
−$4.3K −$1.49/SF
EGI
$111.0K $38.71/SF
− OpEx
−$49.9K −$17.42/SF
NOI
$61.0K $21.29/SF
Area
ZIP 94601
Vacancy
3.70%
Lease Rate
$40.20 /SF/Yr
Expense Ratio
45.00%
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%
$1,220,460
Cap Rate 7%
$871,757
Cap Rate 9%
$678,033
Alternative Uses
Best Use
Multifamily LT 5
$939.0K
$821.6K – $1.10M
NOI $65,730 @ 7.0% cap · market cap 9.55%
Second Best
Apartment 5plus
$871.8K
$762.8K – $1.02M
NOI $61,023 @ 7.0% cap · market cap 8.87%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,775 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,556
Businesses Nearby
Explore this area
Business Placement
Demographics for 94601, CA
54,166
Population
17,454
Households
3.1
Avg Household Size
35
Median Age
24%
College-Educated
70%
High-School Grad
3.2 sq mi
ZIP Area
16,927
Density / Sq Mi
$66,651
Median Household Income
$37,765
Median Earnings
$1,651
Median Rent
$703,100
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 - Separate utility meters support independent operation of each residential unit.
Where is this duplex located?
The property is located at 2212 25Th Ave Oakland, CA.
What is the asking price?
The asking price for this property is $688,000.
What are key features of this property?
This property features: Two‑unit duplex with separate utility meters; Unit 2212 includes 3 bedrooms and 2 baths; Unit 2208 includes 4 bedrooms and 2 baths
