Detached-Cottage
For Sale
$589,900
4770-4776 Tompkins Avenue, Oakland, CA 94619
Two separate residences offer private garages, storage sheds, and individual backyard areas.
Property Size1,582 SF
Price / SF$372.88
Days on Market117
Property Features for 4770-4776 Tompkins Avenue
General Information
Standard status
Active
Size
1,582 SF
Total Parking Spaces
2
Property subtype
Duplex
Property Condition
Severity
Repairs Needed
Evidence
could benefit from some updating
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
backyard storage shed
Building Details
Building Size
1,582 SF
Year Built
1929
Buildings
2
Listing Agency:
SkyGroup Realty Inc.
Listed By:
Anh H Pham
(650) 380-6364
Source:
Gregglynn
Added: Jun 24
Changed: Oct 10
Last Checked: Oct 16 at 6:35PM
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 SkyGroup Realty Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex consists of two detached cottages, each arranged with 2 bedrooms and 1 bathroom. Every residence includes its own detached garage, backyard storage shed, and separate outdoor area. The homes were built in 1929 and would benefit from updating, offering a defined starting point for renovation and personalization.
The property occupies an 8,000+ sq. ft. lot at 4770-4776 Tompkins Avenue in Oakland, with access to Interstate 580. Schools, parks, shopping, dining, and public transportation are located nearby. The lot may also provide room to explore adding one or more ADUs, subject to verification with the City of Oakland. The existing layout supports separate occupancy, rental use, or multigenerational living arrangements.
The property occupies an 8,000+ sq. ft. lot at 4770-4776 Tompkins Avenue in Oakland, with access to Interstate 580. Schools, parks, shopping, dining, and public transportation are located nearby. The lot may also provide room to explore adding one or more ADUs, subject to verification with the City of Oakland. The existing layout supports separate occupancy, rental use, or multigenerational living arrangements.
Key Highlights
- Two detached cottages on an 8,000+ sq. ft. lot
- Each cottage includes 2 bedrooms and 1 bathroom
- Separate detached garage for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,256
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$725,120
$725.1K
Cap Rate 7%
$517,943
$517.9K
Cap Rate 9%
$402,844
$402.8K
Market Conditions
NOI Build-Up for 1,582 SF
Gross rent
$54.1K $34.20/SF
− Vacancy
−$2.3K −$1.46/SF
EGI
$51.8K $32.74/SF
− OpEx
−$15.5K −$9.82/SF
NOI
$36.3K $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%
$725,120
Cap Rate 7%
$517,943
Cap Rate 9%
$402,844
Alternative Uses
Best Use
Multifamily LT 5
$517.9K
$453.2K – $604.3K
NOI $36,256 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$477.2K
$417.6K – $556.7K
NOI $33,404 @ 7.0% cap · market cap 5.66%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
358
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
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer private garages, storage sheds, and individual backyard areas.
Where is this duplex located?
The property is located at 4770-4776 Tompkins Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: Two detached cottages on an 8,000+ sq. ft. lot; Each cottage includes 2 bedrooms and 1 bathroom; Separate detached garage for each residence
