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875 Wood Street, Oakland, CA, 94607
Renovated Victorian Duplex Investment

875 Wood Street Oakland, CA 94607

For Sale
$1,260,000

Turnkey, fully renovated Victorian duplex with two units, separate utility meters, and private laundry in each unit.

Property Size2,084 SF
Price / SF$604.61
Days on Market213

Property Features for 875 Wood Street

General Information

Standard status
Active
Size
2,084 SF
Property subtype
Multi Family

Building Details

Year Built
1890
Listing Agency: BRG Realty
Listed By: Mark Caloca · License #02146982
Source: Exitrealty
Added: Dec 22, 2025 Changed: Jul 23 Last Checked: Jul 23 at 5:46PM

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 BRG Realty


Investment Insights

Based on property information with market context.

875 Wood St is a fully renovated, permitted Victorian duplex configured as two distinct units. The property offers a total of five bedrooms and four bathrooms across both units, with separate utility meters for each. Each unit includes private laundry, along with newly updated kitchens and bathrooms, supporting a straightforward, turn-key presentation for renters or flexible occupancy.

Recent upgrades help reduce near-term capital needs, including new dual-pane windows, a new roof, and sewer compliance work. The duplex is positioned for commuter access with convenient proximity to BART and major freeways.

As an income property, the two-unit layout provides diversified rental stream potential while keeping management simple with unit separation and dedicated utilities already in place.

Key Highlights

  • Fully renovated, permitted Victorian duplex built in 1890
  • Two separate units total 5 beds and 4 baths
  • Each unit has separate utility meters and private laundry

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 $71.3k $34.20
− Vacancy −$3.0k −$1.46
EGI $68.2k $32.74
− OpEx −$20.5k −$9.82
NOI $47.8k $22.92
2,084 SF · lease $34.20/SF/yr · vacancy 4.27% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$682.3K
$597.0K – $796.0K (±1% cap)
NOI $47,761 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$628.6K
$550.1K – $733.4K (±1% cap)
NOI $44,004 @ 7.0% cap · market cap 3.49%
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

Duplexes

Suggested Use

Dental Office Hair Salon Nail Salon Spa & Massage Center Skin Care Clinic Real Estate Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pharmacy Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Turnkey, fully renovated Victorian duplex with two units, separate utility meters, and private laundry in each unit.
Where is this duplex located?
The property is located at 875 Wood Street Oakland, CA.
What is the asking price?
The asking price for this property is $1,260,000.
What are key features of this property?
This property features: Fully renovated, permitted Victorian duplex built in 1890; Two separate units total 5 beds and 4 baths; Each unit has separate utility meters and private laundry
More about this property
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