Renovated Duplex with Vacant
528 41St St Oakland, CA 94609
528 41St St, Oakland, CA, 94609
$999,000
For Sale
$999,000
Duplex with a fully renovated, vacant 4-bedroom/2-bath unit and a tenant-occupied 2-bedroom/2-bath unit.
Property Size3,052 SF
Price / SF$327.33
Days on Market116
Property Features for 528 41St St
General Information
- Standard status
- Active
- Size
- 3,052 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1908
Listing agency
Infinity Investments
(408) 509-0700
Listed by
Steven Peterson · License #01746140
(408) 509-0700
Source
Exitrealty
Added: Mar 30 Updated: Jul 21 at 5:38AM Checked: Jul 23 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 Infinity Investments
Investment Insights
Based on property information with market context.
This duplex offers a strong two-unit configuration with an appealing mix of layouts. One unit is fully renovated and delivered vacant, featuring four bedrooms and two bathrooms with modern finishes throughout. The second unit is currently tenant-occupied and provides two bedrooms and two bathrooms, offering a ready-made income component alongside the vacant space.
The property is positioned in a North Oakland neighborhood with convenient access to local amenities, transportation, and major commuter routes.
Please note the sale is a short sale and is subject to lender approval.
The property is positioned in a North Oakland neighborhood with convenient access to local amenities, transportation, and major commuter routes.
Please note the sale is a short sale and is subject to lender approval.
Key Highlights
- Duplex built in 1908 with two units: a fully renovated 4‑bedroom/2‑bath unit and a tenant‑occupied 2‑bedroom/2‑bath unit
- Vacant, fully renovated 4‑bedroom/2‑bath unit ready for owner‑occupant use or rental
- Tenant‑occupied 2‑bedroom/2‑bath unit provides ongoing income potential
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 | $104.4k | $34.20 |
| − Vacancy | −$4.5k | −$1.46 |
| EGI | $99.9k | $32.74 |
| − OpEx | −$30.0k | −$9.82 |
| NOI | $69.9k | $22.92 |
3,052 SF · lease $34.20/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$999.2K
$874.3K – $1.17M
NOI $69,945 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$920.6K
$805.5K – $1.07M
NOI $64,443 @ 7.0% cap · market cap 6.45%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex with a fully renovated, vacant 4-bedroom/2-bath unit and a tenant-occupied 2-bedroom/2-bath unit.
Where is this duplex located?
The property is located at 528 41St St Oakland, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Duplex built in 1908 with two units: a fully renovated 4‑bedroom/2‑bath unit and a tenant‑occupied 2‑bedroom/2‑bath unit; Vacant, fully renovated 4‑bedroom/2‑bath unit ready for owner‑occupant use or rental; Tenant‑occupied 2‑bedroom/2‑bath unit provides ongoing income potential
