Updated Duplex with In-Unit
For Sale
$1,275,000
Pending
557 43rd Street, Oakland, CA 94609
Updated duplex featuring open-concept layouts, in-unit laundry, and separate meters for each unit.
Property Size3,127 SF
Days on Market113
Property Features for 557 43rd Street
General Information
Standard status
Pending
Size
3,127 SF
Total Parking Spaces
1
Property subtype
RESIDENTIAL INCOME / DUPLEX
Site & Location
Neighborhood
North Oakland
Additional Details
Business Included
Yes
Multifamily Units
2
Amenities
8
No Air Conditioning, Forced Air 1 Zone
Building Details
Year Built
1906
Tenancy
Multi
Listing Agency:
Compass
Listed By:
Sheila Zarekari · License #01944956
(925) 567-1851
Source:
Compass
Added: Jul 10
Changed: Oct 27
Last Checked: Oct 28 at 10:47AM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,664
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,433,280
$1.4M
Cap Rate 7%
$1,023,771
$1.0M
Cap Rate 9%
$796,267
$796.3K
Market Conditions
NOI Build-Up for 3,127 SF
Gross rent
$106.9K $34.20/SF
− Vacancy
−$4.6K −$1.46/SF
EGI
$102.4K $32.74/SF
− OpEx
−$30.7K −$9.82/SF
NOI
$71.7K $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%
$1,433,280
Cap Rate 7%
$1,023,771
Cap Rate 9%
$796,267
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 authorities.
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Open Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,613
Businesses Nearby
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Business Placement
Demographics for 94609, CA
23,578
Population
11,915
Households
2
Avg Household Size
36
Median Age
62%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
13,869
Density / Sq Mi
$106,698
Median Household Income
$69,221
Median Earnings
$2,116
Median Rent
$1,147,900
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 - 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 Street 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
