Mixed-Use Building with
For Sale
$798,000
414 E 12Th St, Oakland, CA 94606
Mixed-use building with two residential units and a storefront commercial space in an Opportunity Zone area.
Property Size3,000 SF
Days on Market105
Property Features for 414 E 12Th St
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Triplex
Site & Location
Neighborhood
San Antonio
Additional Details
Opportunity Zone
Yes
Building Details
Building Size
3,000 SF
Year Built
1900
Listing Agency:
Michael James Real Estate
Listed By:
Denise MaNguyen · License #01372628
(510) 593-7367
Source:
Coastandcore
Added: Jul 25
Changed: Nov 2
Last Checked: Nov 4 at 8:13PM
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 mixed-use property includes two residential units and a storefront commercial space. The resident units have remodeled kitchens and bathrooms, providing updated interior finishes within the building.
The asset is located at 414 E 12th Street in Oakland, within an Opportunity Zone. Public remarks indicate the property is blocks from Lake Merritt.
For investors looking at a mixed setup, the combination of residential income and storefront space offers multiple revenue components under one ownership.
The asset is located at 414 E 12th Street in Oakland, within an Opportunity Zone. Public remarks indicate the property is blocks from Lake Merritt.
For investors looking at a mixed setup, the combination of residential income and storefront space offers multiple revenue components under one ownership.
Key Highlights
- Mixed‑use building in an Opportunity Zone at 414 E 12th Street, Oakland
- Year built 1900
- Includes 2 residential units plus a storefront commercial space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,488
Cap Rate
8.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,289,760
$1.3M
Cap Rate 7%
$921,257
$921.3K
Cap Rate 9%
$716,533
$716.5K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$97.2K $32.40/SF
− Vacancy
−$5.1K −$1.69/SF
EGI
$92.1K $30.71/SF
− OpEx
−$27.6K −$9.21/SF
NOI
$64.5K $21.50/SF
Area
ZIP 94606
Vacancy
5.22%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,289,760
Cap Rate 7%
$921,257
Cap Rate 9%
$716,533
Alternative Uses
Best Use
Multifamily LT 5
$921.3K
$806.1K – $1.07M
NOI $64,488 @ 7.0% cap · market cap 8.08%
Second Best
Apartment 5plus
$842.0K
$736.8K – $982.3K
NOI $58,940 @ 7.0% cap · market cap 7.39%
Theoretical Best
Office A
$1.37M
$1.20M – $1.59M
NOI $95,662 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,960
Businesses Nearby
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Business Placement
Demographics for 94606, CA
40,768
Population
17,457
Households
2.3
Avg Household Size
37
Median Age
40%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
17,725
Density / Sq Mi
$70,769
Median Household Income
$47,558
Median Earnings
$1,775
Median Rent
$747,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Oakland, CA
Properties on Market for Mixed-use properties in Oakland
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with two residential units and a storefront commercial space in an Opportunity Zone area.
Where is this mixed-use property located?
The property is located at 414 E 12Th St Oakland, CA.
What is the asking price?
The asking price for this property is $798,000.
What are key features of this property?
This property features: Mixed‑use building in an Opportunity Zone at 414 E 12th Street, Oakland; Year built 1900; Includes 2 residential units plus a storefront commercial space
