Corner Duplex with Two Side-by-Side
2924 Morcom Ave Oakland, CA 94619
For Sale
$925,000
MULTI_FAMILY - Oakland, CA
Property Size2,293 SF
Lot Size0.08 Acres
Price / SF$403.40
Days on Market111
Property Features for 2924 Morcom Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RD
Bedrooms
5
Bathrooms
8
Rooms
Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 6, Bathroom 3, Bathroom 8, Bathroom 5, Bedroom 1, Bathroom 2, Bathroom 7, Bedroom 5, Bathroom 1
Parking features
On Street
Interior features
Updated Baths, Updated Kitchen, Formal Entry, Shower Stall(s), Tub w/Shower Over
Exterior features
Balcony, Back Yard, Front Yard, Garden/Play, Sprinklers Front, Garden, Manual Sprinkler Front, Manual Sprinkler Rear
Fencing
Fenced
Fireplace
1
Appliances
Dishwasher, Disposal, Dryer, Washer, Gas Water Heater
Standard status
Active
APN
3624962
Size
2,293 SF
Lot size
0.08 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1920
Number of units
2
Flooring type
Engineered, Hardwood
Building materials
Composition Shingles, Stucco
Roof type
Composition
Listing Agency:
Compass
(925) 251-1111
Listed By:
Jennifer Galvez · License #02292101
(415) 936-9431
Added: Apr 10
Changed: Jul 28
Last Checked: Jul 29 at 7:06AM
MLS# 41130554
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.
Corner duplex offering two side-by-side residential units. Each unit has its own layout: one features 3 bedrooms and 2 bathrooms, including an en-suite primary bath and in-unit washer and dryer. The second unit provides 2 bedrooms and 1.5 bathrooms, with a dedicated laundry area located in the basement. Outside, the property offers a shared backyard with a common garden area, along with a detached one-car garage with epoxy-coated flooring. The exterior has been recently painted.
Located at 2924 Morcom Ave in Oakland, the property is zoned RD and is described as being convenient to parks, schools, shopping, dining, and major commuter routes.
For buyers seeking a duplex configuration with owner-occupant or investor flexibility, this corner lot provides two distinct units under one property, supported by on-site parking in the detached garage and shared outdoor space.
Located at 2924 Morcom Ave in Oakland, the property is zoned RD and is described as being convenient to parks, schools, shopping, dining, and major commuter routes.
For buyers seeking a duplex configuration with owner-occupant or investor flexibility, this corner lot provides two distinct units under one property, supported by on-site parking in the detached garage and shared outdoor space.
Key Highlights
- Corner duplex in Oakland’s Maxwell Park with two side‑by‑side units on a 3,364 SF lot
- Approx. 2,219 SF total living space: one unit with 3 bedrooms/2 baths and one unit with 2 bedrooms/1.5 baths
- Unit 1 includes a primary bedroom with en‑suite bath plus an in‑unit washer and dryer
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 | $78.4k | $34.20 |
| − Vacancy | −$3.3k | −$1.46 |
| EGI | $75.1k | $32.74 |
| − OpEx | −$22.5k | −$9.82 |
| NOI | $52.6k | $22.92 |
2,293 SF · lease $34.20/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$750.7K
$656.9K – $875.8K
NOI $52,550 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$691.7K
$605.2K – $807.0K
NOI $48,417 @ 7.0% cap · market cap 5.23%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two side-by-side residential units with shared backyard, detached one-car garage, and recently painted exterior in Oakland.
Where is this duplex located?
The property is located at 2924 Morcom Ave Oakland, CA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Corner duplex in Oakland’s Maxwell Park with two side‑by‑side units on a 3,364 SF lot; Approx. 2,219 SF total living space: one unit with 3 bedrooms/2 baths and one unit with 2 bedrooms/1.5 baths; Unit 1 includes a primary bedroom with en‑suite bath plus an in‑unit washer and dryer
