Corner Duplex With Updated Two-Bed
For Sale
$1,198,000
2600 Macarthur Blvd, Oakland, CA 94602
MULTI_FAMILY - Oakland, CA
Property Size2,441 SF
Lot Size0.05 Acres
Price / SF$490.78
Days on Market193
Property Features for 2600 Macarthur Blvd
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 4, Bathroom 1, Bathroom 6, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 5, Bedroom 1
Interior features
Storage Area(s)
Exterior features
No Yard
Appliances
Dryer, Washer
Subdivision
Dimond District
Lot features
Corner Lot
Standard status
Active
APN
2999041
Size
2,441 SF
Lot size
0.05 Acres
Utilities
Heating system
Space Heater
Cooling system
Ceiling Fan(s)
Building Details
Year built
1923
Number of units
2
Flooring type
Carpet, Laminate
Building materials
Frame
Roof type
Composition
Additional Structures
Storage
Listing Agency:
Realty ONE Group Future
(925) 230-0700
Listed By:
Josefina Junsay
(510) 938-5732
Added: Jan 27
Changed: Aug 2
Last Checked: Aug 8 at 7:06AM
MLS# 41122211
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.
Investment Insights
Based on property information with market context.
This duplex at 2600 Macarthur Blvd offers residential income with a distinct commercial component, described as a building and liquor/convenience store for sale. The property includes an upstairs two-bedroom, one-bath apartment with an updated kitchen and new appliances, along with a laundry facility. The unit is described as bright and airy, and the home includes storage areas. Exterior features include no yard, and the building is constructed with frame materials under a composition roof. Heating is provided via space heater, and cooling is listed as ceiling fan(s). Flooring includes carpet and laminate, and the home is equipped with washer and dryer.
The property sits on a 0.0478-acre lot and includes separate meters for water and electric. The listing also notes a corner location and that the owner is willing to sell the business only, with inventory sold separately.
Built in 1923, the layout includes multiple bathrooms and bedrooms as reflected in the room listing, supporting both the residential and store uses described for the building.
The property sits on a 0.0478-acre lot and includes separate meters for water and electric. The listing also notes a corner location and that the owner is willing to sell the business only, with inventory sold separately.
Built in 1923, the layout includes multiple bathrooms and bedrooms as reflected in the room listing, supporting both the residential and store uses described for the building.
Key Highlights
- 0.0478‑acre corner duplex property with described liquor/convenience store component
- Upstairs two‑bedroom, one‑bath with updated kitchen and new appliances
- Laundry facility plus washer and dryer included
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
$55,942
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
4.67%
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%
$1,118,840
$1.1M
Cap Rate 7%
$799,171
$799.2K
Cap Rate 9%
$621,578
$621.6K
Market Conditions
NOI Build-Up for 2,441 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
$83.5K $34.20/SF
− Vacancy
−$3.6K −$1.46/SF
EGI
$79.9K $32.74/SF
− OpEx
−$24.0K −$9.82/SF
NOI
$55.9K $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%
$1,118,840
Cap Rate 7%
$799,171
Cap Rate 9%
$621,578
Alternative Uses
Best Use
Multifamily LT 5
$799.2K
$699.3K – $932.4K
NOI $55,942 @ 7.0% cap · market cap 4.67%
Second Best
Specialty Retail
$775.2K
$678.3K – $904.4K
NOI $54,263 @ 7.0% cap · market cap 4.53%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,165
Businesses Nearby
Explore this area
Business Placement
Demographics for 94602, CA
29,702
Population
13,072
Households
2.3
Avg Household Size
42
Median Age
58%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
8,251
Density / Sq Mi
$124,744
Median Household Income
$65,401
Median Earnings
$1,924
Median Rent
$1,111,800
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 - Duplex includes an upstairs two-bedroom, one-bath with updated kitchen and laundry facility, plus separate water and electric meters.
Where is this duplex located?
The property is located at 2600 Macarthur Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: 0.0478‑acre corner duplex property with described liquor/convenience store component; Upstairs two‑bedroom, one‑bath with updated kitchen and new appliances; Laundry facility plus washer and dryer included
