Duplex With Private
832 7th Ave, Oakland, CA 94606
For Sale
$999,000
Occupied residential property with updated kitchens and bathrooms, plus outdoor space at the rear and on an upper-level balcony.
Property Size2,953 SF
Price / SF$338.30
Days on Market193
Property Features for 832 7th Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Additional Details
Multifamily Units
Tenant in Place
Amenities
private backyard
wooden deck balcony
Building Details
Building Size
Year Built
Listing Agency:
eXp Realty of California
Listed By:
Kenny Truong · License #01861788
(510) 545-6932
Source:
Eastsidewest
Added: Apr 30
Changed: Nov 7
Last Checked: Nov 7 at 8:08PM
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 eXp Realty of California
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Investment Insights
Based on property information with market context.
Built in 1913, this 2,953-square-foot duplex has 8 bedrooms and 5.5 bathrooms, with partitioned living areas. Kitchen and bathroom improvements retain the property's original character. Outdoor features include a private backyard and an upper-level wooden deck balcony.
The property is near Lake Merritt, with access to a freeway and the Lake Merritt BART station. Its Walk Score is 87.
The property is near Lake Merritt, with access to a freeway and the Lake Merritt BART station. Its Walk Score is 87.
Key Highlights
- Occupied duplex with 8 bedrooms and 5.5 bathrooms
- 2,953 square feet; built in 1913
- Kitchen and bathroom upgrades alongside original character
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,478
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,269,560
$1.3M
Cap Rate 7%
$906,829
$906.8K
Cap Rate 9%
$705,311
$705.3K
Market Conditions
NOI Build-Up for 2,953 SF
Gross rent
$95.7K $32.40/SF
− Vacancy
−$5.0K −$1.69/SF
EGI
$90.7K $30.71/SF
− OpEx
−$27.2K −$9.21/SF
NOI
$63.5K $21.50/SF
Area
ZIP 94606
Vacancy
5.22%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,269,560
Cap Rate 7%
$906,829
Cap Rate 9%
$705,311
Alternative Uses
Best Use
Multifamily LT 5
$906.8K
$793.5K – $1.06M
NOI $63,478 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$828.8K
$725.2K – $966.9K
NOI $58,016 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,163 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,483
Businesses Nearby
Explore this area
Business Placement
Demographics for 94606, CA
40,768
Population
17,457
Households
2.3
Avg Household Size
37
Median Age
40%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
17,725
Density / Sq Mi
$70,769
Median Household Income
$47,558
Median Earnings
$1,775
Median Rent
$747,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Oakland, CA
Properties on Market for Duplexes in Oakland
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Occupied residential property with updated kitchens and bathrooms, plus outdoor space at the rear and on an upper-level balcony.
Where is this duplex located?
The property is located at 832 7th Ave 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: Occupied duplex with 8 bedrooms and 5.5 bathrooms; 2,953 square feet; built in 1913; Kitchen and bathroom upgrades alongside original character
