Duplex with Separate Utility
New
For Sale
$795,000
874 Arlington Ave, Oakland, CA 94608
Each residence has its own laundry facilities, with a garage and full basement serving the property.
Property Size1,725 SF
Price / SF$460.87
Days on Market6
Property Features for 874 Arlington Ave
General Information
Standard status
Active
Size
1,725 SF
Property subtype
Investment
Property Condition
Severity
Repairs Needed
Evidence
cosmetic fixer
Site & Location
Neighborhood
North Oakland
Units
Multifamily Units
2
Individually Metered Utilities
gas, water, electricity
Amenities
hardwood floors
laundry in each home
full basement
garage
Building Details
Year Built
1910
Units
2
Listed By:
Jeff Goodman
Source:
Elliman
Added: Nov 1
Last Checked: Nov 4 at 1:25PM
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 Jeff Goodman
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1910, this duplex consists of two homes on one lot with approximately 1,725 square feet combined. Hardwood floors are present, and each residence has laundry. Separate gas, water, and electricity meters serve the homes. A full basement and garage provide additional space. The property is described as a cosmetic fixer.
The property is at 874 Arlington Ave in North Oakland, near the Berkeley border. Its scores are 92 for biking, 94 for walking, and 53 for transit.
The property is at 874 Arlington Ave in North Oakland, near the Berkeley border. Its scores are 92 for biking, 94 for walking, and 53 for transit.
Key Highlights
- Two homes on one lot with approximately 1,725 square feet combined
- Separate gas, water, and electricity meters
- Laundry facilities in each home
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,533
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$790,660
$790.7K
Cap Rate 7%
$564,757
$564.8K
Cap Rate 9%
$439,256
$439.3K
Market Conditions
NOI Build-Up for 1,725 SF
Gross rent
$59.0K $34.20/SF
− Vacancy
−$2.5K −$1.46/SF
EGI
$56.5K $32.74/SF
− OpEx
−$16.9K −$9.82/SF
NOI
$39.5K $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%
$790,660
Cap Rate 7%
$564,757
Cap Rate 9%
$439,256
Alternative Uses
Best Use
Multifamily LT 5
$564.8K
$494.2K – $658.9K
NOI $39,533 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$520.3K
$455.3K – $607.1K
NOI $36,423 @ 7.0% cap · market cap 4.58%
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
3,276
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 - Each residence has its own laundry facilities, with a garage and full basement serving the property.
Where is this duplex located?
The property is located at 874 Arlington Ave Oakland, CA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two homes on one lot with approximately 1,725 square feet combined; Separate gas, water, and electricity meters; Laundry facilities in each home
