Townhome-Style Duplex with Rental
For Sale
$775,000
Pending
4135-4137 West St, Oakland, CA 94608
Two separately entered units offer flexible owner-occupant or income-producing use near BART and regional transportation.
Property Size1,824 SF
Days on Market218
Property Features for 4135-4137 West St
General Information
Standard status
Pending
Size
1,824 SF
Property subtype
Multi Family
Building Details
Year Built
1945
Listing Agency:
Security Pacific Real Estate
(510) 222-8340
Listed By:
Erica Mackie · License #01409661
(510) 754-3405
Source:
Exitrealty
Added: Mar 14
Changed: Oct 10
Last Checked: Oct 14 at 8:46PM
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 Security Pacific Real Estate
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Investment Insights
Based on property information with market context.
This townhome-style duplex contains 1,824 square feet across two separately entered residences, each configured with 2 bedrooms and 1 bathroom. Built in 1945, the property includes functional layouts, natural light, off-street parking, an enclosed front yard, and a large rear yard. One unit has been updated and is ready for occupancy, while the other is tenant occupied and provides rental income.
The property is located on West St near the Oakland-Emeryville border, within a short walk of BART. Major freeways and the Bay Bridge are minutes away, along with public transit, Emeryville’s Bay Street shopping and dining, and Pixar. The separate entrances provide added privacy between the residences.
The property is located on West St near the Oakland-Emeryville border, within a short walk of BART. Major freeways and the Bay Bridge are minutes away, along with public transit, Emeryville’s Bay Street shopping and dining, and Pixar. The separate entrances provide added privacy between the residences.
Key Highlights
- Duplex with 1,824 square feet and two separately entered units
- Each residence includes 2 bedrooms and 1 bathroom
- One unit is updated and move‑in ready; the second is tenant occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,802
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$836,040
$836.0K
Cap Rate 7%
$597,171
$597.2K
Cap Rate 9%
$464,467
$464.5K
Market Conditions
NOI Build-Up for 1,824 SF
Gross rent
$62.4K $34.20/SF
− Vacancy
−$2.7K −$1.46/SF
EGI
$59.7K $32.74/SF
− OpEx
−$17.9K −$9.82/SF
NOI
$41.8K $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%
$836,040
Cap Rate 7%
$597,171
Cap Rate 9%
$464,467
Alternative Uses
Best Use
Multifamily LT 5
$597.2K
$522.5K – $696.7K
NOI $41,802 @ 7.0% cap · market cap 5.39%
Second Best
Apartment 5plus
$550.2K
$481.4K – $641.9K
NOI $38,514 @ 7.0% cap · market cap 4.97%
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
Location Intelligence
Trade Area within ½ mile
3,303
Businesses Nearby
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Business Placement
Demographics for 94608, CA
33,073
Population
17,956
Households
1.8
Avg Household Size
36
Median Age
64%
College-Educated
94%
High-School Grad
2.8 sq mi
ZIP Area
11,812
Density / Sq Mi
$116,306
Median Household Income
$73,845
Median Earnings
$2,561
Median Rent
$826,900
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 separately entered units offer flexible owner-occupant or income-producing use near BART and regional transportation.
Where is this duplex located?
The property is located at 4135-4137 West St Oakland, CA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Duplex with 1,824 square feet and two separately entered units; Each residence includes 2 bedrooms and 1 bathroom; One unit is updated and move‑in ready; the second is tenant occupied
