Duplex with Detached
For Sale
$995,000
835 45th St, Oakland, CA 94608
Two independent residences share landscaped grounds with a patio, storage, and off-street parking.
Property Size2,184 SF
Price / SF$455.59
Days on Market23
Property Features for 835 45th St
General Information
Standard status
Active
Size
2,184 SF
Total Parking Spaces
1
Property subtype
Multi Family Home
Site & Location
Neighborhood
North Oakland
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Amenities
in-unit washer/dryer
off-street parking
garden
patio
chicken coop
storage
Storage Area(s)
Tub w/Shower Over
Back Yard
Side Yard
Garden
Landscape Back
Landscape Front
Building Details
Building Size
2,184 SF
Year Built
1924
Listed By:
Don Alder
(925) 301-7607
Source:
Alderrealestate
Added: Oct 2
Changed: Oct 22
Last Checked: Oct 23 at 9:32PM
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 Don Alder
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1924, this 2,184-square-foot duplex contains two independent residences and a detached separate space. The upper home has two bedrooms, one bathroom, a bonus entry room, and a kitchen with a breakfast nook. The lower residence includes period interior details and a kitchen with an adjoining dining area. Each unit has its own washer and dryer, and both kitchens have space for a dishwasher.
The shared grounds include brick walkways, a central patio, storage, a chicken coop, and mature plantings of fruit, vegetables, and herbs. Off-street parking is also provided. The property is two blocks from Telegraph Avenue and within reach of Temescal shops and restaurants, including Whole Foods and Trader Joe’s. MacArthur BART, Highway 24, and I-580 are accessible from the property.
The shared grounds include brick walkways, a central patio, storage, a chicken coop, and mature plantings of fruit, vegetables, and herbs. Off-street parking is also provided. The property is two blocks from Telegraph Avenue and within reach of Temescal shops and restaurants, including Whole Foods and Trader Joe’s. MacArthur BART, Highway 24, and I-580 are accessible from the property.
Key Highlights
- Two‑residence duplex with a detached separate space
- 2,184 square feet; built in 1924
- Upper residence offers two bedrooms, one bathroom, and an entry bonus room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,052
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,001,040
$1.0M
Cap Rate 7%
$715,029
$715.0K
Cap Rate 9%
$556,133
$556.1K
Market Conditions
NOI Build-Up for 2,184 SF
Gross rent
$74.7K $34.20/SF
− Vacancy
−$3.2K −$1.46/SF
EGI
$71.5K $32.74/SF
− OpEx
−$21.5K −$9.82/SF
NOI
$50.1K $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%
$1,001,040
Cap Rate 7%
$715,029
Cap Rate 9%
$556,133
Alternative Uses
Best Use
Multifamily LT 5
$715.0K
$625.7K – $834.2K
NOI $50,052 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$658.8K
$576.4K – $768.6K
NOI $46,115 @ 7.0% cap · market cap 4.63%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,317
Businesses Nearby
Explore this area
Business Placement
Demographics for 94608, CA
33,073
Population
17,956
Households
1.8
Avg Household Size
36
Median Age
64%
College-Educated
94%
High-School Grad
2.8 sq mi
ZIP Area
11,812
Density / Sq Mi
$116,306
Median Household Income
$73,845
Median Earnings
$2,561
Median Rent
$826,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two independent residences share landscaped grounds with a patio, storage, and off-street parking.
Where is this duplex located?
The property is located at 835 45th St Oakland, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Two‑residence duplex with a detached separate space; 2,184 square feet; built in 1924; Upper residence offers two bedrooms, one bathroom, and an entry bonus room
