
Oakland, California 94606
This High-Potential Investment Opportunity is a turnkey duplex listed at $825,000, positioned slightly above the $779,541 Fair Market Value. Despite the premium, the property offers an Excellent Condition Rating with extensive modern upgrades, including separate electric meters and water heaters. With active leases in place, this asset provides immediate, dependable cash flow for Buy-and-Hold Investors. Its proximity to Crocker Highlands Elementary (9/10) adds long-term stability, making this a low-maintenance, income-producing asset ideal for first-time rental investors seeking a stable, move-in-ready portfolio addition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1620 12th Ave Subject | $825,000* List Price | 0 | 0 | 1,570 | $497 | - |
A 2628 22nd Ave Sold | $650,000 | 0 | 0 | 1,672 | $389 | 1.0 mi |
B 1946 E 20th St Sold | $980,000 | 0 | 0 | 1,820 | $538 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Extensively and recently remodeled with high-end finishes. Features ultra-modern bathrooms with LED mirrors and designer tile, new flooring, recessed lighting, and updated systems including separate electric meters and water heaters for each unit. Condition is turnkey and mint.
Elementary School: Crocker Highlands Elementary School (9/10).
The property has been extensively remodeled with high-end finishes and quality craftsmanship, offering a low-maintenance, move-in-ready asset that requires no immediate capital expenditure.
The duplex features active leases with reliable tenants already in place, ensuring dependable rental income from the first day of ownership for seasoned or first-time investors.
With a lot size of only 1,250 square feet for a 1,570-square-foot building, the property offers very limited outdoor space or yard area for tenant recreation.
While some local elementary schools perform well, several assigned middle and high schools in the district carry low ratings, which may limit the long-term appeal for families with older children.
Exceptional Turnkey Investment Opportunity! Pride of ownership is evident throughout this beautifully and extensively remodeled income-producing property. Thoughtfully upgraded with quality craftsmanship and high-end finishes, this turnkey investment offers an outstanding opportunity for both seasoned investors and those looking to acquire their first rental property. The property is in excellent condition and features excellent tenants with active leases already in place, providing immediate and dependable rental income from day one. Each unit is separately metered for electricity and has its own water heater, adding convenience and efficiency for both owners and tenants. Ideally situated in one of Oakland's most convenient locations, the property offers easy access to shopping, dining, schools, parks, public transportation, and major freeway corridors, making it highly desirable for current and future tenants while supporting strong long-term investment potential. Whether you're looking to expand your portfolio or secure a low-maintenance, cash-flowing asset, this is a rare opportunity you won't want to miss.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,570 | 2,530.25 |
| Lot Size | 1,250 | 4,390.625 |
| Price | $825.0K | $918.2K |
| Price per sq ft | $525 | $343 |
| Built year | 1905 | 1921 |
| HOA | $0 | $0 |
| Days on market | 36 | 66 |
Aug 4, 2026
$825,000
Initial Listing
Jun 16, 2022
$579,000
Public Record
Jun 16, 2022
$530,000
Public Record