Stacked Two-Unit
New
For Sale
$800,000
855 32nd Street, Oakland, CA 94608
Oakland, CA
Property Size2,572 SF
Lot Size0.10 Acres
Price / SF$311.04
Days on Market2
Property Features for 855 32nd Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Laundry Room, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4, Bathroom 3
Parking
2
Lot features
Front Yard, Back Yard
Elementary school district
Oakland
Middle school district
Oakland
High school district
Oakland
Directions
On 32nd St.
Standard status
Active
APN
971342
Size
2,572 SF
Lot size
0.10 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1909
Floors in Building
2
Number of units
2
Listing Agency:
Real Broker
(855) 450-0442
Listed By:
Carlos Hudgins · License #02114248
(310) 347-1458
Added: Nov 2
Last Checked: Nov 3 at 9:06AM
MLS# OC26235122
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,572-square-foot duplex contains two stacked residences on a 0.1002-acre lot. The lower unit has two bedrooms and one-and-a-half bathrooms; the upper unit has two bedrooms and one full bathroom. Built in 1909, the property also includes a laundry room and forced-air heating.
Both units are expected to be vacant at closing. The property is served by public water and public sewer.
Both units are expected to be vacant at closing. The property is served by public water and public sewer.
Key Highlights
- Two residences, both to be delivered vacant at closing
- 2,572 square feet of building area on a 0.1002‑acre lot
- Lower residence: 2 bedrooms and 1.5 bathrooms
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
Who owns this building?
See the owner, sales and loan history
Open 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are scheduled to be vacant at closing, allowing the next owner to determine how to use each unit.
Where is this duplex located?
The property is located at 855 32nd Street 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 residences, both to be delivered vacant at closing; 2,572 square feet of building area on a 0.1002‑acre lot; Lower residence: 2 bedrooms and 1.5 bathrooms
