Updated Two-Unit
For Sale
$799,000
Pending
501 E 20th Street, Oakland, CA 94606
Two separate residences offer flexible owner-occupant and rental arrangements with distinct electric meters.
Property Size1,734 SF
Days on Market428
Property Features for 501 E 20th Street
General Information
Standard status
Pending
Size
1,734 SF
Property subtype
Multi Family
Site & Location
Neighborhood
San Antonio
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1923
Construction
split level bungalow
Listing Agency:
Compass
(650) 375-1111
Listed By:
Anna C. Wong · License #01337969
Source:
Exitrealty
Added: Aug 31, 2025
Changed: Oct 25
Last Checked: Sep 15 at 6:36AM
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 Compass
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Investment Insights
Based on property information with market context.
This 1,734-square-foot duplex, built in 1923, includes two separate residences with distinct electric meters. The main dwelling is a split-level bungalow with two bedrooms and one bathroom on the primary floor, plus finished basement storage. The second residence provides one bedroom and one bathroom, with a living-room closet and double doors that allow the space to function as an office or additional bedroom.
Both units have updated electrical systems, while the property also features copper plumbing and central heat in the main house. The configuration supports separate occupancy, with the option to live in one residence while renting the other. The property is identified at 501 E 20th Street and 1936 5th Avenue in Oakland, California.
Both units have updated electrical systems, while the property also features copper plumbing and central heat in the main house. The configuration supports separate occupancy, with the option to live in one residence while renting the other. The property is identified at 501 E 20th Street and 1936 5th Avenue in Oakland, California.
Key Highlights
- Two separate residences with distinct electric meters
- 1,734 square feet across the duplex
- Main home includes 2 bedrooms, 1 bathroom, and finished basement storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,274
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,480
$745.5K
Cap Rate 7%
$532,486
$532.5K
Cap Rate 9%
$414,156
$414.2K
Market Conditions
NOI Build-Up for 1,734 SF
Gross rent
$56.2K $32.40/SF
− Vacancy
−$2.9K −$1.69/SF
EGI
$53.2K $30.71/SF
− OpEx
−$16.0K −$9.21/SF
NOI
$37.3K $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%
$745,480
Cap Rate 7%
$532,486
Cap Rate 9%
$414,156
Alternative Uses
Best Use
Multifamily LT 5
$532.5K
$465.9K – $621.2K
NOI $37,274 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$486.7K
$425.8K – $567.8K
NOI $34,067 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$789.9K
$691.2K – $921.6K
NOI $55,293 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,449
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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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer flexible owner-occupant and rental arrangements with distinct electric meters.
Where is this duplex located?
The property is located at 501 E 20th Street Oakland, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two separate residences with distinct electric meters; 1,734 square feet across the duplex; Main home includes 2 bedrooms, 1 bathroom, and finished basement storage
