Duplex with Private
For Sale
$599,000
2533 19Th Ave, Oakland, CA 94606
Residential Income, Oakland, CA
Property Size1,503 SF
Lot Size0.12 Acres
Price / SF$398.54
Days on Market48
Property Features for 2533 19Th Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 6, Bathroom 5, Bedroom 2, Bathroom 7, Bathroom 3
Parking features
Off Street
Exterior features
Back Yard
Fencing
Fenced
Appliances
Dryer, Washer, Gas Water Heater
Subdivision
Highland Terrace
Lot features
Level
Directions
14th Ave > Wallace St. > 19th Ave.
Standard status
Active
APN
223538
Size
1,503 SF
Lot size
0.12 Acres
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
water
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Floor Furnace
Water source
Public
Amenities
washer/dryer
private yard
Building Details
Year built
1940
Number of units
2
Flooring type
Carpet, Hardwood
Building materials
Stucco, Frame
Roof type
Composition
Listing Agency:
KW Advisors East Bay · Keller Williams Realty
(510) 775-1079
Listed By:
Justin Paek
(510) 409-0735
Added: Sep 11
Changed: Oct 27
Last Checked: Oct 28 at 6:06AM
MLS# 41148023
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.
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Investment Insights
Based on property information with market context.
This 1,503-square-foot duplex was built in 1940 and includes two residential units, each with a private yard and detached garage. One unit features an updated modern kitchen, while both units include washer and dryer appliances. Hardwood and carpet flooring, stucco and frame construction, composition roofing, and natural-gas floor furnace heating are among the property’s physical features. Public water and sewer serve the property, and utilities are individually metered, including water.
The property occupies 0.1205 acres at 2533 19th Ave in Oakland’s 94606 ZIP code. Nearby context includes the Laurel shipping district, Redwood Regional Park, Leona Canyon, Grand Lake, BART, and freeway access. Fenced outdoor space and off-street parking add practical features for residents, while the existing occupancy provides an established residential income profile.
The property occupies 0.1205 acres at 2533 19th Ave in Oakland’s 94606 ZIP code. Nearby context includes the Laurel shipping district, Redwood Regional Park, Leona Canyon, Grand Lake, BART, and freeway access. Fenced outdoor space and off-street parking add practical features for residents, while the existing occupancy provides an established residential income profile.
Key Highlights
- 1,503‑square‑foot duplex on a 0.1205‑acre parcel
- Two units, each with a private yard and detached garage
- One unit includes a refreshed modern kitchen
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.
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See the owner, sales and loan history
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit income property with separate outdoor areas, individual utility metering, and off-street parking.
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: 1,503‑square‑foot duplex on a 0.1205‑acre parcel; Two units, each with a private yard and detached garage; One unit includes a refreshed modern kitchen
