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185 7th St, Oakland, California 94607, Oakland, 94607 - 5 bed, 2 bath

185 7th St, Oakland, California 94607 home-pic-0
ACTIVE$689,000
185 7th St, Oakland, California 94607
5Beds
2Baths
1,995Sqft
1,600Lot
Year Built
1897
Close
-
List price
$689K
Original List price
$689K
Price/Sqft
$345
HOA
-
Days on market
-
Sold On
-
MLS number
41117845
Home ConditionGood
Features
View-

About this home

We found 5 Cons,5 Pros. Rank: price - $689.0K(59th), sqft - 1995(79th), beds - 5(93th), baths - 2(50th).

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

Nearby schools

8/10
Lincoln Elementary School
Public,•K-5•0.2mi
2/10
Westlake Middle School
Public,•6-8•1.3mi
7/10
Oakland Technical High School
Public,•9-12•2.5mi
2/10
Oakland International High School
Public,•9-12•2.6mi
2/10
Fremont High
Public,•9-12•3.5mi

Price History

Date
Event
Price
11/19/25
Listing
$689,000
01/12/01
Sold
$265,000
Condition Rating
Good
The property, built in 1897, features a recently updated kitchen with modern white shaker cabinets, stainless steel appliances, granite countertops, and a stylish arabesque tile backsplash. The bathroom also appears recently renovated with a modern double vanity, contemporary tiling, and a rain shower. New-looking laminate flooring and fresh paint are visible throughout the living areas. While the cosmetic updates are significant and make the property move-in ready, the age of the building (1897) and the lack of information regarding updates to major systems (plumbing, electrical, roof) prevent an 'Excellent' rating. The property is in good condition due to these recent, high-quality renovations in key areas, but potential buyers should consider the age of the underlying infrastructure.
Pros & Cons

Pros

Exceptional Income Potential: This income-producing duplex offers strong cash flow with an estimated gross rental income of $7,500–$8,500 per month, providing immediate income for investors.
Prime Transit-Oriented Location: Strategically located steps from Chinatown, Jack London Square, and BART, with easy access to freeways and downtown Oakland, ensuring high tenant demand.
High Tenant Demand & Low Vacancy Risk: The property benefits from exceptional commuter appeal, consistent tenant demand, and minimal vacancy exposure due to its central, walkable location.
Strong Investment Metrics: Projected to deliver a competitive cap rate of 5.5%–6.5%, making it ideal for seasoned investors, house hacking, buy-and-hold strategies, and portfolio expansion.
Walkability & Urban Convenience: Situated in the desirable Chinatown submarket, attracting renters seeking walkability, transit access, and urban amenities.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1600, other record lot size in square feet = 1500.
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1600, living area = 1995.
Historic Age & Potential for Capital Expenditures: Built in 1897, the property's age suggests a higher likelihood of needing significant updates to major systems (e.g., plumbing, electrical, roof) and general deferred maintenance, which are not detailed in the listing.
Small Lot Size: The 1600 sqft lot is relatively small for a duplex, potentially limiting outdoor amenities, parking options, or future expansion possibilities.
Lack of Detailed Condition Assessment: The listing description focuses heavily on financial projections and location, but provides no information on the current physical condition of the units or recent renovations, making it difficult to assess immediate repair needs or future capital outlays.

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