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$ 689,000
Est. payment /mo
Active
185 7th St Oakland, CA 94607
5 Beds
2 Baths
1,995 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,995 sqft
Price per Sqft $345
MLS Listing ID 41117845
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1897
Property Sub-Type Single Family Residence
Property Description
High-Demand Oakland Duplex | Strong Cash Flow | Transit-Oriented Investment Exceptional income-producing duplex in a prime Oakland location just steps from Chinatown, Jack London Square and BART—ideal for seasoned investors seeking durable cash flow, low vacancy risk, and long-term appreciation. The property consists of a 3BD/1BA upper unit and a 2BD/1BA lower unit, both well-configured and highly rentable. Based on current market rents, the property offers estimated gross rental income of approximately $7,500–$8,500 per month ($90,000–$102,000 annually), with upside through rent optimization and operational efficiencies. At market rents, the property is projected to deliver a competitive cap rate in the ~5.5%–6.5% range conservativel, depending on final operating expenses and financing structure—strong performance for a core, transit-adjacent Oakland asset. Located near BART, freeway access, downtown Oakland, and major employment corridors, this duplex benefits from exceptional commuter appeal, consistent tenant demand, and minimal vacancy exposure. The Chinatown submarket continues to attract renters seeking walkability, transit access, and urban convenience. Ideal for house hacking, buy-and-hold investors, or portfolio expansion, this asset offers immediate income with
Location
State CA
County Alameda
Interior
Heating See Remarks
Cooling See Remarks
Flooring See Remarks
Fireplaces Type None
Fireplace No
Exterior
Parking Features Off Street
Pool None
Private Pool No
Building
Lot Description Back Yard
Story Two
Entry Level Two
Sewer Public Sewer
Architectural Style Custom
Level or Stories Two
New Construction No
Others
Tax ID 11753
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Listed by Peter Bide Liang Compass
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