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    FOR SALE
    Commercial real estate

    1254 12Th St Oakland, CA 94606

    6,603 SF
    Property ID
    US09-8916564
    1254 12Th St, Oakland, CA 94606 For Sale 1 / 59
    $1,599,000 6,603 SF
    1254 12Th St, Oakland, CA 94606
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    Property summary
    AI-generated overview

    Exceptional opportunity to acquire a six-unit multifamily apartment building located at 1254 E. 12th Street, Oakland, CA 94606. This 6,603 square foot property sits on a 10,000 square foot lot and is zoned CC-2. The building features six live/work loft-style units, offering a unique blend of residential and commercial potential. Two units will be delivered vacant upon closing, presenting an immediate value-add opportunity for owner-users or investors. The property boasts secure gated off-street parking, convenient access to public transportation, and a shared gas, electric, and water system, ripe for the implementation of a RUBS system. Additional features include a rooftop solar system for energy efficiency, a secure outdoor courtyard ideal for various uses, and its location in an Opportunity Zone. Its proximity to the Brooklyn Basin waterfront, the 880 freeway, and downtown Oakland provides excellent accessibility to the greater Bay Area. This property is well-suited for an owner-occupier seeking live/work space, an investor looking for rental income, or a commercial business seeking to occupy a significant portion of the building while generating rental income from the remaining units. The property presents a compelling investment opportunity with significant upside potential.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 6,603 SF
    UPID US09-8916564
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • DanaKingArt Artist
    1 occupant on record
    Value estimations
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    Zoning & alternative use
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