Renovated Duplex with Bonus
For Sale
$560,000
935 106Th Ave, Oakland, CA 94603
Two updated units include separate gas and electric metering, plus a gated driveway and off-street parking.
Property Size1,335 SF
Price / SF$419.48
Days on Market58
Property Features for 935 106Th Ave
General Information
Standard status
Active
Size
1,335 SF
Property subtype
Multi Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA, 1 x studio (1BR/1BA)
Multifamily Units
3
Amenities
off-street parking
storage shed
Building Details
Year Built
1961
Buildings
1
Listing Agency:
LBL PROPERTIES
(510) 594-9700
Listed By:
Brittney Edwards · License #01747073
(510) 313-3595
Source:
Exitrealty
Added: Aug 26
Changed: Sep 9
Last Checked: Sep 15 at 4:27AM
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 LBL PROPERTIES
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Investment Insights
Based on property information with market context.
The duplex at 935 and 937 106th Ave includes two residential units, each configured with 2 bedrooms and 1 bathroom. Interior updates include wide-plank flooring, white shaker cabinets, quartz countertops, and refreshed bathrooms. Each unit has separate gas and electric metering. A bonus non-conforming studio adds a bedroom and full bathroom; buyer to verify. The property is vacant and offered as-is.
Exterior features include a gated driveway with secured off-street parking and a detached storage shed. The property also has a front flower bed. Public transportation access includes AC Transit and Coliseum BART, with I-880 providing regional freeway access. Originally built in 1961, the property is positioned as a duplex with an additional non-conforming space.
Exterior features include a gated driveway with secured off-street parking and a detached storage shed. The property also has a front flower bed. Public transportation access includes AC Transit and Coliseum BART, with I-880 providing regional freeway access. Originally built in 1961, the property is positioned as a duplex with an additional non-conforming space.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom per unit
- Updated flooring, shaker cabinetry, quartz counters, and bathrooms
- Separate gas and electric meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,261
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,220
$545.2K
Cap Rate 7%
$389,443
$389.4K
Cap Rate 9%
$302,900
$302.9K
Market Conditions
NOI Build-Up for 1,335 SF
Gross rent
$41.7K $31.20/SF
− Vacancy
−$2.7K −$2.03/SF
EGI
$38.9K $29.17/SF
− OpEx
−$11.7K −$8.75/SF
NOI
$27.3K $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%
$545,220
Cap Rate 7%
$389,443
Cap Rate 9%
$302,900
Alternative Uses
Best Use
Multifamily LT 5
$389.4K
$340.8K – $454.4K
NOI $27,261 @ 7.0% cap · market cap 4.87%
Second Best
Apartment 5plus
$361.3K
$316.1K – $421.5K
NOI $25,290 @ 7.0% cap · market cap 4.52%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
3
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
827
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated units include separate gas and electric metering, plus a gated driveway and off-street parking.
Where is this duplex located?
The property is located at 935 106Th Ave Oakland, CA.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom per unit; Updated flooring, shaker cabinetry, quartz counters, and bathrooms; Separate gas and electric meters for each unit
