Duplex with Detached
For Sale
$598,000
93339337 Cherry St, Oakland, CA 94603
Two separate residences offer a mix of two-bedroom and one-bedroom layouts.
Property Size1,504 SF
Price / SF$397.61
Days on Market10
Property Features for 93339337 Cherry St
General Information
Standard status
Active
Size
1,504 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Listing Agency:
BQ Realty
(408) 800-5988
Listed By:
Sherry Cao · License #02232663
(415) 261-8004
Source:
Exprealty
Added: Oct 8
Changed: Oct 16
Last Checked: Oct 16 at 2:02PM
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
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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.
This duplex contains two separate residences: one with two bedrooms and one bathroom, and another with one bedroom and one bathroom. A detached 500-square-foot, two-car garage and a separate 200-square-foot shed provide additional storage space. The property also includes a gated, paved area at the front with off-street parking and an automatic driveway gate.
Interior updates include fresh paint, a new vanity, LED mirrors, updated lighting, upgraded kitchen countertops, and a new cooktop, range hood, and dishwasher. Fruit-bearing lemon and dragon fruit plants grow alongside the house.
Interior updates include fresh paint, a new vanity, LED mirrors, updated lighting, upgraded kitchen countertops, and a new cooktop, range hood, and dishwasher. Fruit-bearing lemon and dragon fruit plants grow alongside the house.
Key Highlights
- Two separate units: one 2‑bedroom, 1‑bathroom residence and one 1‑bedroom, 1‑bathroom residence
- 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
838
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
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer a mix of two-bedroom and one-bedroom layouts.
Where is this duplex located?
The property is located at 93339337 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 separate units: one 2‑bedroom, 1‑bathroom residence and one 1‑bedroom, 1‑bathroom residence; Detached 500 sq. ft. two‑car garage; Separate 200 sq. ft. shed
