Duplex with Detached
4500 San Carlos Ave Oakland, CA 94601
4500 San Carlos Ave, Oakland, CA, 94601
$399,000
For Sale
$399,000
MULTI_FAMILY - Oakland, CA
Property Size1,324 SF
Lot Size0.08 Acres
Price / SF$301.36
Days on Market10
Property Features for 4500 San Carlos Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 7
- Rooms
- Bathroom 5, Bedroom 1, Bathroom 4, Bathroom 3, Bathroom 6, Bathroom 7, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
- Fencing
- Fenced
- Fireplace
- 1
- Standard status
- Active
- APN
- 36241411
- Size
- 1,324 SF
- Lot size
- 0.08 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Floor Furnace, Wall Furnace
- Cooling system
- Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1925
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Stucco
- Roof type
- Tar/Gravel
Listing Agency
Compass
(925) 251-1111
900 Main St #101, Beverly Hills, CA
Listed by
Crystal Florida · License #01926266
(925) 785-6488
Added: Jul 10 Checked: Jul 19 at 12:06 am
MLS# 41141191
Listing URL
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers a flexible rental setup with two separate residential units and a detached garage. The upper unit is configured as a 2 bedroom, 1 bathroom home with laminate flooring. The lower unit is a 1 bedroom, 1 bathroom space that is currently rented for approximately $1,800 per month, providing built-in income from day one. The property is described as a classic 1925 building.
The asset is located in Oakland and noted as being near the Laurel District, with convenient access to area restaurants, cafes, shopping, and other local amenities. Commuting convenience is highlighted with quick access to Highways 580 & 880 and nearby BART.
With its two-unit arrangement and detached garage for additional storage, workshop, or other uses, this property is positioned for owner-occupants or investors seeking a straightforward duplex investment.
The asset is located in Oakland and noted as being near the Laurel District, with convenient access to area restaurants, cafes, shopping, and other local amenities. Commuting convenience is highlighted with quick access to Highways 580 & 880 and nearby BART.
With its two-unit arrangement and detached garage for additional storage, workshop, or other uses, this property is positioned for owner-occupants or investors seeking a straightforward duplex investment.
Key Highlights
- Duplex with two units: upper 2BD/1BA and lower 1BD/1BA
- Lower 1BD/1BA unit is currently rented for approximately $1,800/month
- Year built 1925 with stucco exterior, tar/gravel roof, and vinyl flooring
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.3k | $34.20 |
| − Vacancy | −$1.9k | −$1.44 |
| EGI | $43.4k | $32.76 |
| − OpEx | −$13.0k | −$9.83 |
| NOI | $30.4k | $22.93 |
1,324 SF · lease $34.20/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$433.8K
$379.6K – $506.1K
NOI $30,365 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$402.7K
$352.4K – $469.9K
NOI $28,191 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$539.7K
$472.2K – $629.6K
NOI $37,777 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two-unit duplex features an upstairs 2 bed/1 bath layout and a downstairs 1 bed/1 bath unit plus a detached garage.
Where is this duplex located?
The property is located at 4500 San Carlos Ave Oakland, CA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Duplex with two units: upper 2BD/1BA and lower 1BD/1BA; Lower 1BD/1BA unit is currently rented for approximately $1,800/month; Year built 1925 with stucco exterior, tar/gravel roof, and vinyl flooring
