Duplex with Canyon View
8600 Seneca ST Oakland, CA 94605
8600 Seneca ST, Oakland, CA, 94605
$579,950
For Sale
$579,950
Two-unit duplex features a deck off the living room with canyon views and an attached 1-car garage for the upper unit.
Property Size1,557 SF
Price / SF$372.48
Days on Market34
Property Features for 8600 Seneca ST
General Information
- Standard status
- Active
- Size
- 1,557 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1948
Listing Agency
Legacy Real Estate & Assoc.
(510) 407-3535
Listed by
Michael Godfrey · License #01092781
(510) 407-3535
Source
Exitrealty
Added: Jun 16 Checked: Jul 19 at 5:12 am
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 Legacy Real Estate & Assoc.
Investment Insights
Based on property information with market context.
This duplex offers two separate residential units with a practical, owner-friendly layout. The upper unit includes two bedrooms and one bathroom and has an attached one-car garage. The downstairs unit has one bedroom and one bathroom, with a divider added to create an additional sleeping space. A deck off the living room provides outdoor space and canyon views.
The property is located on a quiet closed-end street, offering a calmer setting within Oakland.
Overall, it presents a straightforward duplex configuration with clear unit separation and flexible sleeping space in the lower unit, supported by the deck and garage for day-to-day livability.
The property is located on a quiet closed-end street, offering a calmer setting within Oakland.
Overall, it presents a straightforward duplex configuration with clear unit separation and flexible sleeping space in the lower unit, supported by the deck and garage for day-to-day livability.
Key Highlights
- Duplex built in 1948 with two separate units
- Upper unit offers 2 bedrooms, 1 bathroom, and an attached 1‑car garage
- Downstairs unit offers 1 bedroom and 1 bathroom plus an added divider for an extra sleeping space
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.6k | $30.60 |
| − Vacancy | −$2.6k | −$1.68 |
| EGI | $45.0k | $28.92 |
| − OpEx | −$13.5k | −$8.68 |
| NOI | $31.5k | $20.24 |
1,557 SF · lease $30.60/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$450.2K
$394.0K – $525.3K
NOI $31,517 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$403.6K
$353.1K – $470.9K
NOI $28,251 @ 7.0% cap · market cap 4.87%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-unit duplex features a deck off the living room with canyon views and an attached 1-car garage for the upper unit.
Where is this duplex located?
The property is located at 8600 Seneca ST Oakland, CA.
What is the asking price?
The asking price for this property is $579,950.
What are key features of this property?
This property features: Duplex built in 1948 with two separate units; Upper unit offers 2 bedrooms, 1 bathroom, and an attached 1‑car garage; Downstairs unit offers 1 bedroom and 1 bathroom plus an added divider for an extra sleeping space
