Two-Unit Oakland
New
For Sale
$800,000
855 32nd ST, Oakland, CA 94608
Both residences are scheduled for vacant delivery at closing, with separate two-bedroom layouts.
Property Size2,572 SF
Lot Size0.10 Acres
Price / SF$311.04
Days on Market5
Property Features for 855 32nd ST
General Information
Standard status
Active
Size
2,572 SF
Lot size
0.10 Acres
Property subtype
Duplex
Site & Location
Neighborhood
North Oakland
Units
Unit Mix
1 x 2BR/1.5BA, 1 x 2BR/1BA
Multifamily Units
2
Building Details
Building Size
2,572 SF
Year Built
1909
Listing Agency:
Real Broker
Listed By:
Carlos Hudgins · License #02114248
(310) 347-1458
Source:
Mpireluxe
Added: Nov 2
Changed: Nov 5
Last Checked: Nov 5 at 2:35AM
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 Real Broker
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.
This stacked duplex contains approximately 2,572 square feet of living area on a 4,363-square-foot lot. Constructed in 1909, it comprises two residences: the lower unit has two bedrooms and one-and-a-half bathrooms, while the upper unit has two bedrooms and one full bathroom.
Both units are to be delivered vacant at the close of escrow. The property is located at 855 32nd Street in Oakland.
Both units are to be delivered vacant at the close of escrow. The property is located at 855 32nd Street in Oakland.
Key Highlights
- Two‑unit duplex built in 1909
- Approximately 2,572 square feet of living area
- 4,363‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,944
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,178,880
$1.2M
Cap Rate 7%
$842,057
$842.1K
Cap Rate 9%
$654,933
$654.9K
Market Conditions
NOI Build-Up for 2,572 SF
Gross rent
$88.0K $34.20/SF
− Vacancy
−$3.8K −$1.46/SF
EGI
$84.2K $32.74/SF
− OpEx
−$25.3K −$9.82/SF
NOI
$58.9K $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%
$1,178,880
Cap Rate 7%
$842,057
Cap Rate 9%
$654,933
Alternative Uses
Best Use
Multifamily LT 5
$842.1K
$736.8K – $982.4K
NOI $58,944 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$775.8K
$678.9K – $905.1K
NOI $54,308 @ 7.0% cap · market cap 6.79%
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
Location Intelligence
Trade Area within ½ mile
3,333
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
$826,900
Median Home Value
Market
Average Price Trend$/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 - Both residences are scheduled for vacant delivery at closing, with separate two-bedroom layouts.
Where is this duplex located?
The property is located at 855 32nd ST Oakland, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1909; Approximately 2,572 square feet of living area; 4,363‑square‑foot lot
