Duplex with Private
2533 19Th Ave, Oakland, CA 94606
For Sale
$599,000
Fully occupied two-unit property with detached garages and separately metered utilities.
Property Size1,503 SF
Days on Market60
Property Features for 2533 19Th Ave
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Highway Access
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Amenities
washer and dryer
private yard
Building Details
Building Size
Year Built
Listing Agency:
KW Advisors East Bay
Listed By:
Justin Paek
(510) 409-0735
Source:
Coastandcore
Added: Sep 11
Changed: Nov 3
Last Checked: Nov 8 at 3:32PM
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
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Investment Insights
Based on property information with market context.
Built in 1940, this duplex comprises one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit. Each residence includes private yard space and a detached garage, while one unit has been updated with a modern kitchen. One unit also includes a full-size washer and dryer.
The property is fully occupied by stable tenants, and each unit is individually metered, including water. The address is near the Laurel shipping district, Redwood Regional Park, Leona Canyon, Grand Lake, BART, and area freeways.
The property is fully occupied by stable tenants, and each unit is individually metered, including water. The address is near the Laurel shipping district, Redwood Regional Park, Leona Canyon, Grand Lake, BART, and area freeways.
Key Highlights
- Two‑unit configuration with one 2‑bedroom/1‑bath unit and one 1‑bedroom/1‑bath unit
- Private yard space and a detached garage for each unit
- Fully occupied with stable tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,309
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,180
$646.2K
Cap Rate 7%
$461,557
$461.6K
Cap Rate 9%
$358,989
$359.0K
Market Conditions
NOI Build-Up for 1,503 SF
Gross rent
$48.7K $32.40/SF
− Vacancy
−$2.5K −$1.69/SF
EGI
$46.2K $30.71/SF
− OpEx
−$13.8K −$9.21/SF
NOI
$32.3K $21.50/SF
Area
ZIP 94606
Vacancy
5.22%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,180
Cap Rate 7%
$461,557
Cap Rate 9%
$358,989
Alternative Uses
Best Use
Multifamily LT 5
$461.6K
$403.9K – $538.5K
NOI $32,309 @ 7.0% cap · market cap 5.39%
Second Best
Apartment 5plus
$421.8K
$369.1K – $492.2K
NOI $29,529 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$684.7K
$599.1K – $798.8K
NOI $47,927 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,227
Businesses Nearby
Explore this area
Business Placement
Demographics for 94606, CA
40,768
Population
17,457
Households
2.3
Avg Household Size
37
Median Age
40%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
17,725
Density / Sq Mi
$70,769
Median Household Income
$47,558
Median Earnings
$1,775
Median Rent
$747,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Oakland, CA
Properties on Market for Duplexes in Oakland
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied two-unit property with detached garages and separately metered utilities.
Where is this duplex located?
The property is located at 2533 19Th Ave Oakland, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two‑unit configuration with one 2‑bedroom/1‑bath unit and one 1‑bedroom/1‑bath unit; Private yard space and a detached garage for each unit; Fully occupied with stable tenants
