Updated Duplex with In-Unit
557 43Rd St Oakland, CA 94609
557 43Rd St, Oakland, CA, 94609
$1,275,000
For Sale
$1,275,000
Updated duplex featuring open-concept layouts, in-unit laundry, and separate meters for each unit.
Property Size3,127 SF
Price / SF$407.74
Days on Market12
Property Features for 557 43Rd St
General Information
- Standard status
- Active
- Size
- 3,127 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1906
Listing agency
Compass
(925) 788-7975
Listed by
Sheila Zarekari · License #01944956
(925) 788-7975
Source
Exitrealty
Added: Jul 11 Updated: Jul 21 at 5:47AM Checked: Jul 21 at 5:47AM
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
Investment Insights
Based on property information with market context.
This updated Temescal duplex investment property features two identical-style residences, each with 4 bedrooms and 2.5 bathrooms. The units are described as turn-key, with open-concept layouts, wide-plank flooring, and contemporary finishes throughout. Kitchens include professional-grade appliances, custom cabinetry, and stone counters, and the designer baths feature white subway tile with custom mosaic niches. Bedrooms include built-in walk-in closets, and each unit offers in-unit laundry. Separate meters are provided for the units, and the property is stated to have a sewer lateral that is compliant.
The property is positioned in a walkable Oakland area with convenient access to MacArthur & Ashby BART, Temescal Alley, and Whole Foods, supporting straightforward daily connectivity.
The seller’s remarks indicate the property is rent control exempt and is generating nearly $10K per month in gross income.
The property is positioned in a walkable Oakland area with convenient access to MacArthur & Ashby BART, Temescal Alley, and Whole Foods, supporting straightforward daily connectivity.
The seller’s remarks indicate the property is rent control exempt and is generating nearly $10K per month in gross income.
Key Highlights
- 1906‑built updated Temescal duplex with 4BD/2.5BA units and open‑concept layouts
- Nearly $10K/month gross income reported and described as rent control exempt
- In‑unit laundry in both units plus separate meters for each unit
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 | $106.9k | $34.20 |
| − Vacancy | −$4.6k | −$1.46 |
| EGI | $102.4k | $32.74 |
| − OpEx | −$30.7k | −$9.82 |
| NOI | $71.7k | $22.92 |
3,127 SF · lease $34.20/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$895.8K – $1.19M
NOI $71,664 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$943.2K
$825.3K – $1.10M
NOI $66,027 @ 7.0% cap · market cap 5.18%
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
Duplexes
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FAQs
What type of property is this?
Duplex - Updated duplex featuring open-concept layouts, in-unit laundry, and separate meters for each unit.
Where is this duplex located?
The property is located at 557 43Rd St Oakland, CA.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 1906‑built updated Temescal duplex with 4BD/2.5BA units and open‑concept layouts; Nearly $10K/month gross income reported and described as rent control exempt; In‑unit laundry in both units plus separate meters for each unit
