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Two-Level Duplex Residence
For Sale
$1,100,000

6502 Dana Street, Oakland, CA 94609

Separate upper and lower residences support flexible occupancy and rental arrangements.

Property Size2,561 SF
Price / SF$429.52
Days on Market57

Property Features for 6502 Dana Street

General Information

Standard status Active
Size 2,561 SF
Property subtype Duplex

Site & Location

Neighborhood North Oakland
Highway Access Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Building Size 2,561 SF
Year Built 1908
Stories 2
Listing Agency: BHG RE Reliance Partners
Listed By: Allen Hibbard
Source: Annnewtoncane
Added: Sep 2 Changed: Oct 25 Last Checked: Oct 27 at 12:44AM

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 BHG RE Reliance Partners

Rey
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Investment Insights

Based on property information with market context.

This duplex contains 2,561 square feet of total living area arranged as two independent residences. The property includes one upper-level unit and one lower-level unit, with each residence offering 2 bedrooms and 1 bathroom. Built in 1908, the configuration provides physical separation between the homes while maintaining a straightforward two-unit layout.

The property is located in Oakland near freeway connections, shopping, restaurants, and everyday services. Its placement provides access to the surrounding Oakland area and regional destinations.

Key Highlights

  • 2,561 square feet of total living space
  • Two units, each with 2 bedrooms and 1 bathroom
  • One upstairs residence and one downstairs residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,692
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,173,840 $1.2M
Cap Rate 7%
$838,457 $838.5K
Cap Rate 9%
$652,133 $652.1K
Market Conditions
NOI Build-Up for 2,561 SF
Gross rent
$87.6K $34.20/SF
− Vacancy
−$3.7K −$1.46/SF
EGI
$83.8K $32.74/SF
− OpEx
−$25.2K −$9.82/SF
NOI
$58.7K $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%
$1,173,840
Cap Rate 7%
$838,457
Cap Rate 9%
$652,133

Alternative Uses

Best Use
Multifamily LT 5
$838.5K
$733.7K – $978.2K (±1% cap)
NOI $58,692 @ 7.0% cap · market cap 5.34%
Second Best
Apartment 5plus
$772.5K
$676.0K – $901.3K (±1% cap)
NOI $54,076 @ 7.0% cap · market cap 4.92%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,823
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate upper and lower residences support flexible occupancy and rental arrangements.
Where is this duplex located?
The property is located at 6502 Dana Street Oakland, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2,561 square feet of total living space; Two units, each with 2 bedrooms and 1 bathroom; One upstairs residence and one downstairs residence
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