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Duplex with Finished Basement
For Sale
$625,000

3211 Courtland Ave, Oakland, CA 94619

Each residence has an attached garage, in-unit laundry, and separate utility metering, including water.

Property Size1,376 SF
Price / SF$454.22
Days on Market49

Property Features for 3211 Courtland Ave

General Information

Standard status Active
Size 1,376 SF
Total Parking Spaces 2
Property subtype Multi Family Home
Occupancy 100%

Site & Location

Neighborhood Allendale
Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2
Parking per Unit 2

Amenities

finished basement
extra storage
washer/dryer
Storage
Storage Area(s)
Back Yard

Building Details

Building Size 1,376 SF
Year Built 1951
Buildings 1
Listing Agency: KW Advisors East Bay
Listed By: Justin Paek
Source: Buckleyrealty
Added: Sep 11 Changed: Oct 25 Last Checked: Oct 26 at 3:38AM

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

Rey
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Investment Insights

Based on property information with market context.

This 1,376-square-foot duplex, built in 1951, contains two occupied residences: one with two bedrooms and one bathroom, and another with one bedroom and one bathroom. Each unit has an attached garage, a full-size washer and dryer, and separate utility meters, including for water. A finished basement provides additional storage. The property is individually metered, and both units are occupied.

The property is near the Laurel shipping district, Redwood Regional Park, Leona Canyon, Grand Lake, BART, and freeways.

Key Highlights

  • Two residences: one 2‑bedroom, 1‑bath unit and one 1‑bedroom, 1‑bath unit
  • 1,376 square feet; built in 1951
  • Attached garage for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,535
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,700 $630.7K
Cap Rate 7%
$450,500 $450.5K
Cap Rate 9%
$350,389 $350.4K
Market Conditions
NOI Build-Up for 1,376 SF
Gross rent
$47.1K $34.20/SF
− Vacancy
−$2.0K −$1.46/SF
EGI
$45.0K $32.74/SF
− OpEx
−$13.5K −$9.82/SF
NOI
$31.5K $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 Rate 5%
$630,700
Cap Rate 7%
$450,500
Cap Rate 9%
$350,389

Alternative Uses

Best Use
Multifamily LT 5
$450.5K
$394.2K – $525.6K (±1% cap)
NOI $31,535 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$415.1K
$363.2K – $484.2K (±1% cap)
NOI $29,054 @ 7.0% cap · market cap 4.65%
Theoretical Best
—
—
same as Best Use
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
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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

702
Businesses Nearby

Demographics for 94619, CA

24,867
Population
10,348
Households
2.4
Avg Household Size
41
Median Age
57%
College-Educated
89%
High-School Grad
8.3 sq mi
ZIP Area
2,996
Density / Sq Mi
$129,879
Median Household Income
$65,351
Median Earnings
$2,131
Median Rent
$997,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has an attached garage, in-unit laundry, and separate utility metering, including water.
Where is this duplex located?
The property is located at 3211 Courtland Ave Oakland, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two residences: one 2‑bedroom, 1‑bath unit and one 1‑bedroom, 1‑bath unit; 1,376 square feet; built in 1951; Attached garage for each unit
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