About this home

Two houses on one parcel with excellent cash flow. The current cap rate is 6.89% and the current GRM is 10.58. The unit mix is ideal and offers 4 bedrooms and 2 bathrooms in each house. The property was originally built in 1907, offers 3,044 square feet of rental space, and sits on an oversized 9,750 square foot lot with room for parking for all tenants. The property is 100% occupied with stable tenants paying market rent but will also make an amazing investment opportunity for an owner-occupant. The property is easy to manage and is separately metered for electric, gas, and water providing for low annual operating expenses. The exterior and interior are in great condition with very little deferred maintenance resulting in an attractive turn-key investment for the next owner. This is a high demand Oakland location near many restaurants, shopping options, parks, schools, and easy access to BART and public transportation. The property is located in a high demand location with convenient access to neighborhood restaurants, coffee shops, shopping centers, a variety of schools and BART. Public transportation is readily accessible throughout the surrounding area, with multiple AC Transit routes operating nearby. The Coliseum BART Station is nearby offering easy access to Downtown Oakland, Berkeley, San Francisco, and all major cities across the East Bay.

Facts and features

Schools

• Coliseum College Prep Academy

  middle · 6-12 · 0.9 mi

  5

• New Highland Academy

  elementary · K-5 · 0.2 mi

  4

• Ile Omode School

  elementary · K-8 · 0.4 mi

• Castlemont High

  high · 9-12 · 0.9 mi

  2

• Elmhurst United Middle

  middle · 6-8 · 1.0 mi

  3

• Madison Park Academy 6-12

  middle · 6-12 · 1.9 mi

  2

Price history

• Sep 2, 2026 · Listed$749,000
• Jun 12, 2026 · Listing Removed—
• Jun 9, 2026 · Listed For Rent$3,400
• Sep 7, 2012 · Sold$208,500
• Apr 5, 2012 · Price Changed$185,000
• Nov 1, 2011 · Listed$225,000
• Jul 29, 2004 · Sold$510,000
• Feb 25, 1992 · Sold$110,000

Tax history

• 2025$8,484 tax · $479,105 assessed
• 2024$8,148 tax · $469,713 assessed
• 2023$8,471 tax · $451,475 assessed
• 2022$8,152 tax · $442,624 assessed
• 2021$7,676 tax · $433,946 assessed
• 2020$7,590 tax · $429,501 assessed
• 2019$7,229 tax · $421,079 assessed
• 2018$7,138 tax · $412,824 assessed

Home value

$735,267

• Quantarium$735,267
• Collateral Analytics$742,000
• Cotality$716,500

Where it is