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Garrick Yan

garrick@garrickyan.com +1(510) 999-8008

Listed by Monica H Chung Andersen, Jung & Co.

$ 1,575,000

Est. payment -/mo

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Open Thu 11AM-1PM

1212 12th ST Oakland, CA 94607

12 Beds

5 Baths

4,654 SqFt

Open House

Thu May 21, 11:00am - 1:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,654 sqft

Price per Sqft $338

MLS Listing ID 426119437

Style Other

Bedrooms 12

Full Baths 5

HOA Y/N No

Year Built 1963

Lot Size 6,300 Sqft

Acres 0.1446

Property Sub-Type Multi Family

Property Description

Located in the vibrant and rapidly evolving neighborhood of West Oakland, this 6 unit multifamily asset represents a compelling opportunity to acquire a well-positioned property with strong in-place income and meaningful upside potential. Long known for its historic character and creative energy, West Oakland continues to see steady demand driven by its central location and connectivity to the greater Bay Area. The property features a highly functional and income-producing unit mix comprised of four 2-Bed/1Ba units, one expansive 3-Bed/2Ba corner unit, and a 1-Bed/1Ba unit with its own private garage, offering broad tenant appeal and diversified revenue streams. Ample on-site parking and a dedicated laundry room provide additional income support and enhance tenant retention. Strategically located with immediate access to BART, major transportation corridors, and key employment hubs, the asset is ideally positioned to capture consistent rental demand from commuters. The neighborhood's growing culinary scene, local businesses, and community-driven amenities continue to elevate its desirability. West Oakland remains comparatively affordable relative to nearby San Franciscocreating a favorable rent growth trajectory as demand continues to push outward from the urban core. Combined with low operating expenses, the property offers an efficient cost basis and attractive yield profile. This is a rare opportunity to acquire a stable, well-located multifamily asset with strong day-one cash flow, operational efficiency, and clear potential for future rent growth and value appreciation in one of Oakland's most dynamic submarkets.

Location

State CA

County Alameda

Area Oakland Zip 94607

Interior

Heating Gas, Wall Furnace

Cooling None

Flooring Carpet, Laminate, Linoleum, Tile, Vinyl

Fireplace No

Window Features Double Pane Windows

Appliance Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Varies By Unit, Washer/Dryer Leased

Laundry Common Area

Exterior

Garage Spaces 1.0

Utilities Available Common Area Meter, Cable Available, Electricity Available, Internet Available, Natural Gas Connected, Sewer Available

Roof Type Other

Handicap Access None

Total Parking Spaces 8

Building

Lot Description Curbs/Gutters, Sidewalk

Story 2

Foundation Concrete

Sewer Public Sewer, Sewer in Street

Water Meter on Site, Water District

Architectural Style Other

Level or Stories Two

New Construction No

Others

Tax ID 0040037018

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Nearby School & Business

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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