Two-Unit Duplex on One
3963 Edgemoor Place, Oakland, CA 94605
For Sale
$949,000
Vacant front and rear residences support owner occupancy, rental use, or a multigenerational living arrangement.
Property Size1,517 SF
Price / SF$625.58
Days on Market58
Property Features for 3963 Edgemoor Place
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Listing Agency:
Broker
(916) 835-7253
Listed By:
Inspired Real Estate Group Inc
(916) 622-5341
Source:
Inspiredrealestategroup
Added: Sep 13
Changed: Nov 8
Last Checked: Nov 8 at 5:31AM
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 Broker
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Investment Insights
Based on property information with market context.
This duplex comprises two homes on a single lot. The front residence provides three bedrooms and two bathrooms and has been remodeled. The rear home includes one bedroom and one bathroom, with recent interior and exterior painting plus newly installed flooring. Both units are vacant and available for immediate occupancy or rental use.
The property is located at 3963 Edgemoor Place in Oakland, with convenient access to the freeway. Built in 1925, the two-home configuration offers flexibility for an owner seeking separate living space or for leasing both residences.
The property is located at 3963 Edgemoor Place in Oakland, with convenient access to the freeway. Built in 1925, the two-home configuration offers flexibility for an owner seeking separate living space or for leasing both residences.
Key Highlights
- Two homes situated on one lot
- Front residence remodeled with 3 bedrooms and 2 bathrooms
- Rear residence includes 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,707
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,140
$614.1K
Cap Rate 7%
$438,671
$438.7K
Cap Rate 9%
$341,189
$341.2K
Market Conditions
NOI Build-Up for 1,517 SF
Gross rent
$46.4K $30.60/SF
− Vacancy
−$2.6K −$1.68/SF
EGI
$43.9K $28.92/SF
− OpEx
−$13.2K −$8.68/SF
NOI
$30.7K $20.24/SF
Area
ZIP 94605
Vacancy
5.50%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,140
Cap Rate 7%
$438,671
Cap Rate 9%
$341,189
Alternative Uses
Best Use
Multifamily LT 5
$438.7K
$383.8K – $511.8K
NOI $30,707 @ 7.0% cap · market cap 3.24%
Second Best
Apartment 5plus
$393.2K
$344.1K – $458.8K
NOI $27,526 @ 7.0% cap · market cap 2.90%
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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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
Explore this area
Business Placement
Demographics for 94605, CA
44,294
Population
17,686
Households
2.5
Avg Household Size
39
Median Age
43%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
5,033
Density / Sq Mi
$101,043
Median Household Income
$62,590
Median Earnings
$1,867
Median Rent
$840,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Oakland, CA
Properties on Market for Duplexes in Oakland
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Vacant front and rear residences support owner occupancy, rental use, or a multigenerational living arrangement.
Where is this duplex located?
The property is located at 3963 Edgemoor Place Oakland, CA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Two homes situated on one lot; Front residence remodeled with 3 bedrooms and 2 bathrooms; Rear residence includes 1 bedroom and 1 bathroom
