Renovated 2-Unit
9624 C Street, Oakland, CA 94603
For Sale
$479,999
Two separate residences provide a practical configuration for rental use or owner occupancy.
Property Size1,932 SF
Lot Size0.11 Acres
Price / SF$248.45
Days on Market109
Property Features for 9624 C Street
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Lisa Nguyen, Broker
Listed By:
Carlos Martinez
(510) 386-6880
Source:
Equityfirstre
Added: Jul 24
Changed: Nov 8
Last Checked: Nov 8 at 8:50AM
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 Lisa Nguyen, Broker
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Investment Insights
Based on property information with market context.
This Oakland duplex contains 1,932 square feet of living area across two separate units. Each residence has two bedrooms and one bathroom, for a combined four bedrooms and two bathrooms. The ground-floor unit has been renovated. The property was built in 1908 and is zoned RES, on a 4,800-square-foot lot.
The property offers access to BART and major freeways, with shopping and schools also listed among the nearby amenities.
The property offers access to BART and major freeways, with shopping and schools also listed among the nearby amenities.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,932 square feet of living area on a 4,800‑square‑foot lot
- Renovated ground‑floor residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,452
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,040
$789.0K
Cap Rate 7%
$563,600
$563.6K
Cap Rate 9%
$438,356
$438.4K
Market Conditions
NOI Build-Up for 1,932 SF
Gross rent
$60.3K $31.20/SF
− Vacancy
−$3.9K −$2.03/SF
EGI
$56.4K $29.17/SF
− OpEx
−$16.9K −$8.75/SF
NOI
$39.5K $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%
$789,040
Cap Rate 7%
$563,600
Cap Rate 9%
$438,356
Alternative Uses
Best Use
Multifamily LT 5
$563.6K
$493.2K – $657.5K
NOI $39,452 @ 7.0% cap · market cap 8.22%
Second Best
Apartment 5plus
$522.9K
$457.5K – $610.0K
NOI $36,600 @ 7.0% cap · market cap 7.63%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,016
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
$596,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Oakland, CA
Properties on Market for Duplexes in Oakland
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide a practical configuration for rental use or owner occupancy.
Where is this duplex located?
The property is located at 9624 C Street Oakland, CA.
What is the asking price?
The asking price for this property is $479,999.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,932 square feet of living area on a 4,800‑square‑foot lot; Renovated ground‑floor residence
