Detached Two-Unit
For Sale
$1,095,000
4203 Redding Street, Oakland, CA 94619
Residential Income, Oakland, CA
Property Size2,082 SF
Lot Size0.17 Acres
Price / SF$525.94
Days on Market122
Property Features for 4203 Redding Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Rooms
Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 1, Basement
Parking
3
Parking features
Covered, On Street
Window features
Double Pane Windows
Exterior features
Back Yard, Front Yard, Yard Space
Fencing
Fenced
Appliances
Tankless Water Heater
Subdivision
LAUREL DISTRICT
Lot features
Irregular Lot
Standard status
Active
Size
2,082 SF
Lot size
0.17 Acres
Utilities
Sewer type
Public Sewer
Heating system
Floor Furnace
Cooling system
Central Air
Water source
Public
Building Details
Year built
1923
Flooring type
Vinyl, Hardwood
Building materials
Stucco, Frame, Wood Siding
Listing Agency:
Corcoran Icon Properties · Better Homes and Gardens Real Estate
(510) 428-0900
Listed By:
Phillip L. Fair · License #00770636
(510) 719-6406
Added: Jun 18
Changed: Oct 16
Last Checked: Oct 17 at 7:06PM
MLS# 41138802
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex comprises two detached homes on a 0.17-acre corner lot, with 2,082 square feet of combined living area, five bedrooms, and two bathrooms. The residences include a 2-bedroom, 1-bathroom home and a 3-bedroom, 1-bathroom home, each with its own entrance and yard space. Updates include thermal-pane windows, refinished hardwood floors, new plumbing, remodeled kitchens with quartz counters and new appliances, and refreshed bathrooms. Both homes have also been repainted inside and out. One residence has a gated driveway and fenced rear yard; the other includes a two-car parking pad, fenced front and back yards, and a concrete rear patio.
The property is in Oakland’s Laurel District, near MacArthur Boulevard, a commercial corridor with local shops and services. Interstate 580 is northeast of the neighborhood. The detached layout and separate outdoor areas provide physical separation between the residences.
The property is in Oakland’s Laurel District, near MacArthur Boulevard, a commercial corridor with local shops and services. Interstate 580 is northeast of the neighborhood. The detached layout and separate outdoor areas provide physical separation between the residences.
Key Highlights
- Two detached homes on a 0.17‑acre corner lot
- 2,082 square feet of combined living area; five bedrooms and two bathrooms
- Two residences: one 2‑bedroom, 1‑bathroom home and one 3‑bedroom, 1‑bathroom home
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,715
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$954,300
$954.3K
Cap Rate 7%
$681,643
$681.6K
Cap Rate 9%
$530,167
$530.2K
Market Conditions
NOI Build-Up for 2,082 SF
Gross rent
$71.2K $34.20/SF
− Vacancy
−$3.0K −$1.46/SF
EGI
$68.2K $32.74/SF
− OpEx
−$20.4K −$9.82/SF
NOI
$47.7K $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%
$954,300
Cap Rate 7%
$681,643
Cap Rate 9%
$530,167
Alternative Uses
Best Use
Multifamily LT 5
$681.6K
$596.4K – $795.3K
NOI $47,715 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$628.0K
$549.5K – $732.7K
NOI $43,962 @ 7.0% cap · market cap 4.01%
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
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer distinct entrances, private yard areas, and updated kitchens and bathrooms.
Where is this duplex located?
The property is located at 4203 Redding Street Oakland, CA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Two detached homes on a 0.17‑acre corner lot; 2,082 square feet of combined living area; five bedrooms and two bathrooms; Two residences: one 2‑bedroom, 1‑bathroom home and one 3‑bedroom, 1‑bathroom home
