Duplex with Detached Two-Car
For Sale
$598,000
9333-9337 Cherry ST, Oakland, CA 94603
Two separate residences offer a 2-bedroom, 1-bath layout alongside a 1-bedroom, 1-bath unit.
Property Size1,504 SF
Days on Market8
Property Features for 9333-9337 Cherry ST
General Information
Standard status
Active
Size
1,504 SF
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Amenities
gated paved area
automatic driveway gate
Building Details
Building Size
1,504 SF
Year Built
1943
Listing Agency:
BQ Realty
Listed By:
Sherry Cao · License #02232663
(415) 261-8004
Source:
Johnpaye
Added: Oct 8
Changed: Oct 13
Last Checked: Oct 15 at 7:10AM
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 BQ Realty
Investment Insights
Based on property information with market context.
Built in 1943, this duplex contains two distinct residences: one with 2 bedrooms and 1 bathroom, and another with 1 bedroom and 1 bathroom. Interior updates include fresh paint, a new vanity, LED mirrors, updated lighting, upgraded kitchen countertops, and a new cooktop, range hood, and dishwasher. A detached 500-square-foot, two-car garage and a separate 200-square-foot shed provide additional space. The front area is paved and gated, with an automatic driveway gate and off-street parking.
Fruit trees growing beside the home include lemons and dragon fruit.
Fruit trees growing beside the home include lemons and dragon fruit.
Key Highlights
- Two units: one 2‑bedroom, 1‑bath and one 1‑bedroom, 1‑bath
- Detached 500 sq. ft. two‑car garage
- Separate 200 sq. ft. shed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,712
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,240
$614.2K
Cap Rate 7%
$438,743
$438.7K
Cap Rate 9%
$341,244
$341.2K
Market Conditions
NOI Build-Up for 1,504 SF
Gross rent
$46.9K $31.20/SF
− Vacancy
−$3.1K −$2.03/SF
EGI
$43.9K $29.17/SF
− OpEx
−$13.2K −$8.75/SF
NOI
$30.7K $20.42/SF
Area
ZIP 94603
Vacancy
6.50%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,240
Cap Rate 7%
$438,743
Cap Rate 9%
$341,244
Alternative Uses
Best Use
Multifamily LT 5
$438.7K
$383.9K – $511.9K
NOI $30,712 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$407.0K
$356.2K – $474.9K
NOI $28,492 @ 7.0% cap · market cap 4.76%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
Explore this area
Business Placement
Demographics for 94603, CA
36,681
Population
11,199
Households
3.3
Avg Household Size
32
Median Age
15%
College-Educated
69%
High-School Grad
2.7 sq mi
ZIP Area
13,586
Density / Sq Mi
$71,086
Median Household Income
$37,025
Median Earnings
$1,838
Median Rent
$596,100
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?
Duplex - Two separate residences offer a 2-bedroom, 1-bath layout alongside a 1-bedroom, 1-bath unit.
Where is this duplex located?
The property is located at 9333-9337 Cherry ST Oakland, CA.
What is the asking price?
The asking price for this property is $598,000.
What are key features of this property?
This property features: Two units: one 2‑bedroom, 1‑bath and one 1‑bedroom, 1‑bath; Detached 500 sq. ft. two‑car garage; Separate 200 sq. ft. shed
