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Garden Duplex with Two Residences
For Sale
$995,000

835 45Th St, Oakland, CA 94608

Residential Income, Oakland, CA

Property Size2,184 SF
Lot Size0.11 Acres
Price / SF$455.59
Days on Market14

Property Features for 835 45Th St

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Rooms Bedroom 3, Bedroom 2, Bedroom 1, Basement, Bedroom 4
Parking 1
Parking features Off Street
Interior features Storage Area(s), Tub w/Shower Over
Exterior features Back Yard, Side Yard, Garden, Landscape Back, Landscape Front
Fencing Fenced
Fireplace 1
Appliances Dryer, Washer
Subdivision LONGFELLOW
Lot features Rectangular Lot
Standard status Active
APN 13108838
Size 2,184 SF
Lot size 0.11 Acres

Utilities

Sewer type Public Sewer
Heating system Gravity, Fireplace Insert, Fireplace(s)
Water source Public

Building Details

Year built 1924
Flooring type Wood, Tile
Building materials Stucco
Additional Structures Storage
Listing Agency: KW Advisors East Bay · Keller Williams Realty
Listed By: Carrie McAlister
Added: Oct 2 Changed: Oct 9 Last Checked: Oct 15 at 8:06AM
MLS# 41150170

Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1924 duplex contains two independent residences and a detached separate space. The property totals 2,184 square feet on a 0.1148-acre lot. The upper home has two bedrooms, one bathroom, a kitchen with a breakfast nook, and an entry room suitable for office or studio use. Both residences have their own washer and dryer. Shared outdoor areas include a central patio, garden beds, brick paths, storage, and a chicken coop, along with off-street parking.

At 835 45th St in Oakland, the property is two blocks from Telegraph Avenue. MacArthur BART, Highway 24, and I-580 are accessible from the property, with shops and dining in Temescal and Emeryville nearby.

Key Highlights

  • Two independent residences plus a detached separate space
  • 2,184 square feet on a 0.1148‑acre lot
  • Built in 1924

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 (±1% cap)
NOI $50,052 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$658.8K
$576.4K – $768.6K (±1% cap)
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

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Parking Lot & Garage Travel Agency Veterinary Clinic Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,317
Businesses Nearby

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
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate homes share landscaped outdoor space, on-site laundry, 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 independent residences plus a detached separate space; 2,184 square feet on a 0.1148‑acre lot; Built in 1924
More about this property
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