Queen Anne Victorian
For Sale
$749,000
3214 13Th Ave, Oakland, CA 94610
Two vacant residences and a basement provide flexibility for occupancy, leasing, or additional utility.
Property Size1,662 SF
Days on Market11
Property Features for 3214 13Th Ave
General Information
Standard status
Active
Size
1,662 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Building Size
1,662 SF
Year Built
1895
Construction
Queen Anne Victorian
Listing Agency:
Michael James Real Estate
Listed By:
Denise MaNguyen · License #01372628
(510) 593-7367
Source:
Coastandcore
Added: Oct 7
Changed: Oct 17
Last Checked: Oct 16 at 6:34PM
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 Michael James Real Estate
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Investment Insights
Based on property information with market context.
This Queen Anne Victorian duplex, built in 1895, contains two remodeled residences, both currently vacant. Updated kitchens and bathrooms, fresh paint, and refreshed interiors are among the improvements. A basement adds separate space that can serve for storage or other uses.
The property is in Oakland, near local shops, restaurants, public transportation, and Lake Merritt, with freeway access nearby. The two-unit configuration allows an owner to occupy one residence while leasing the other, or to lease both units.
The property is in Oakland, near local shops, restaurants, public transportation, and Lake Merritt, with freeway access nearby. The two-unit configuration allows an owner to occupy one residence while leasing the other, or to lease both units.
Key Highlights
- Two remodeled residential units, both vacant
- Queen Anne Victorian architecture; built in 1895
- Updated kitchens and bathrooms, with fresh paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,089
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$761,780
$761.8K
Cap Rate 7%
$544,129
$544.1K
Cap Rate 9%
$423,211
$423.2K
Market Conditions
NOI Build-Up for 1,662 SF
Gross rent
$56.8K $34.20/SF
− Vacancy
−$2.4K −$1.46/SF
EGI
$54.4K $32.74/SF
− OpEx
−$16.3K −$9.82/SF
NOI
$38.1K $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%
$761,780
Cap Rate 7%
$544,129
Cap Rate 9%
$423,211
Alternative Uses
Best Use
Multifamily LT 5
$544.1K
$476.1K – $634.8K
NOI $38,089 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$501.3K
$438.7K – $584.9K
NOI $35,093 @ 7.0% cap · market cap 4.69%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,232
Businesses Nearby
Explore this area
Business Placement
Demographics for 94610, CA
31,261
Population
17,926
Households
1.7
Avg Household Size
39
Median Age
73%
College-Educated
96%
High-School Grad
2.1 sq mi
ZIP Area
14,886
Density / Sq Mi
$130,435
Median Household Income
$90,577
Median Earnings
$2,184
Median Rent
$1,324,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two vacant residences and a basement provide flexibility for occupancy, leasing, or additional utility.
Where is this duplex located?
The property is located at 3214 13Th Ave Oakland, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Two remodeled residential units, both vacant; Queen Anne Victorian architecture; built in 1895; Updated kitchens and bathrooms, with fresh paint
