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Oakland Live/Work Duplex with Workshop

812 Lisbon Ave Oakland, CA 94601

812 Lisbon Ave, Oakland, CA, 94601
$1,300,000
For Sale
$1,300,000

Live/work duplex with attached workshop in Oakland's Jingle Town.

Property Size2,500 SF
Price / SF$520
Days on Market93

Property Features for 812 Lisbon Ave

General Information

Standard status
Active
Size
2,500 SF
Property subtype
Commercial

Building Details

Year Built
1977
Listing Agency Flat Rate Realty
Listed by John Kirkish · License #02070987
Source Elliman
Added: Apr 15 Checked: Jul 16 at 9:37 am

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 Flat Rate Realty


Investment Insights

Based on property information with market context.

This versatile property in Oakland's Jingle Town neighborhood features a duplex and an attached 2,500 square foot workshop. The duplex includes two units: a bright, upstairs 2-bedroom, 1-bath unit and a roomy, downstairs 1-bedroom, 1-bath unit. Each unit offers over 900 square feet of well-maintained space with nearly new hardwood flooring. The attached workshop is suitable for various business ventures or rental income, and includes its own bathroom and shower. This space is ideal for warehouse, art studio, or workshop needs. The property is located in a friendly, close-knit neighborhood near Alameda, where 90% of residents are families. The top-rated Lazear Charter Academy is just a block away, and a shopping center with a grocery store, restaurants, Starbucks, and banks is two blocks away. Public transportation, BART, AC Transit, and Highway access are easily accessible. The property has a bike score of 50, making it bikeable, a walk score of 68, making it somewhat walkable, and a transit score of 58, indicating good transit.

Key Highlights

  • Unique live/work duplex with attached 2,500 SF workshop.
  • Two well‑maintained units: 2‑bed/1‑bath and 1‑bed/1‑bath, each over 900 SF with hardwood floors.
  • Versatile workshop space suitable for business, art studio, warehouse, or rental income, including a bathroom and shower.

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 $85.5k $34.20
− Vacancy −$3.6k −$1.44
EGI $81.9k $32.76
− OpEx −$24.6k −$9.83
NOI $57.3k $22.93
2,500 SF · lease $34.20/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$819.1K
$716.7K – $955.6K (±1% cap)
NOI $57,336 @ 7.0% cap · market cap 4.41%
Second Best
Office B
$781.7K
$684.0K – $912.0K (±1% cap)
NOI $54,720 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$1.02M
$891.7K – $1.19M (±1% cap)
NOI $71,332 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant (Bike/Boat/Book/etc) Store Restaurant Nursing Home Pet Grooming Service Supermarket (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Live-work space - Live/work duplex with attached workshop in Oakland's Jingle Town.
Where is this live-work space located?
The property is located at 812 Lisbon Ave Oakland, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Unique live/work duplex with attached **2,500 SF workshop**.; Two well‑maintained units: 2‑bed/1‑bath and 1‑bed/1‑bath, each over 900 SF with hardwood floors.; Versatile workshop space suitable for business, art studio, warehouse, or rental income, including a bathroom and shower.
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