Wood-Frame Six-Unit
For Sale
$750,000
912 Oak St Oakland, Oakland, CA 94607
Six-unit wood-frame building with stucco exterior; five units are vacant and separately metered for gas and electricity.
Property SizeContact for details
Days on Market51
Property Features for 912 Oak St Oakland
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
6
Amenities
Superior location walking distance to retail stores in Downtown Oakland, Lake Merritt BART, Lake Merritt.
One Studio and Five One-Bed/One-Bath units, with Five of the units vacant, facilitating renovation.
Fantastic value-add opportunity for a new investor-first time on the market in several decades.
Located a half-block to Merritt Bart station supplying easy access to nearby employment drivers.
Building Details
Units
6
Construction
wood-frame
Listing Agency:
Marcus & Millichap - San Francisco
Listed By:
Jon A. Holmquist · License #License(s): CA: 01257479
(415) 625-2117
Source:
Marcusmillichap
Added: Jul 18
Changed: Sep 4
Last Checked: Aug 13 at 6:24AM
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 Marcus & Millichap - San Francisco
Investment Insights
Based on property information with market context.
This offering is a six-unit multifamily property constructed with a wood-frame structure and stucco exterior. The unit mix includes one studio and five one-bedroom/one-bath units. Five of the six units are currently vacant, and one one-bedroom/one-bath unit is occupied by a long-term tenant. The units were renovated approximately 30 years ago by the current ownership, with room for further upgrades.
The property is located at 912 Oak St Avenue in Oakland’s Chinatown neighborhood, about one block from Lake Merritt. A Walk-Score of 93 (Walkers Paradise) is reported, with nearby public transport providing easy access to retail, Lake Merritt BART station, and the shoreline of Lake Merritt.
The building is separately metered for gas and electricity. The property also presents the potential to implement a RUBS program to further enhance income.
The property is located at 912 Oak St Avenue in Oakland’s Chinatown neighborhood, about one block from Lake Merritt. A Walk-Score of 93 (Walkers Paradise) is reported, with nearby public transport providing easy access to retail, Lake Merritt BART station, and the shoreline of Lake Merritt.
The building is separately metered for gas and electricity. The property also presents the potential to implement a RUBS program to further enhance income.
Key Highlights
- Six‑unit multifamily building at 912 Oak St, Oakland, CA (wood‑frame with stucco exterior), built in 1912
- Unit mix: one studio and five one‑bedroom/one‑bath units
- Five of the six units are currently vacant; one one‑bedroom/one‑bath unit is occupied by a long‑term tenant
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
7,428
Businesses Nearby
Explore this area
Business Placement
Demographics for 94607, CA
31,067
Population
14,362
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
5,266
Density / Sq Mi
$87,937
Median Household Income
$67,107
Median Earnings
$1,875
Median Rent
$744,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit wood-frame building with stucco exterior; five units are vacant and separately metered for gas and electricity.
Where is this apartment building located?
The property is located at 912 Oak St Oakland Oakland, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Six‑unit multifamily building at 912 Oak St, Oakland, CA (wood‑frame with stucco exterior), built in 1912; Unit mix: one studio and five one‑bedroom/one‑bath units; Five of the six units are currently vacant; one one‑bedroom/one‑bath unit is occupied by a long‑term tenant
