The Mitchell Warren team is pleased to present 1212 12th Street, a six (6) unit apartment building located in a thriving West Oakland location. This property consists of one (1) 3bd/2ba unit, four (4) 2bd/1ba units, one (1) 1bd/1ba unit, and six (6) off-street parking spaces. The property offers beautifully remodeled units with granite countertops, upgraded laminate flooring, and energy-efficient vinyl windows. In addition, FOUR UNITS WILL BE DELIVERED VACANT allowing the new owner to capture market-rate rents. This is an amazing opportunity to acquire a turn-key asset with a strong in-place return.
Off market
$1,660,800
1212 12th St, Oakland, CA 94607
12beds
3,564sqft
MultiFamily
Built in 1963
-- sqft lot
$1,660,800 Zestimate®
$466/sqft
$2,473 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Wall, Gas
Cooling
- Other
Appliances
- Included: Dishwasher, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator
Features
- Updated Baths, Updated Kitchen
- Flooring: Tile
Interior area
- Total interior livable area: 3,564 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage - Attached, Off-street, On-street
Accessibility
- Accessibility features: Other
Features
- Patio & porch: Balcony/Patio
- Exterior features: Other, Stucco, Cement / Concrete
Lot
- Size: 6,298 sqft
- Features: Regular
Details
- Parcel number: 43718
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Energy Star Appliances
Community & neighborhood
Location
- Region: Oakland
HOA & financial
Other financial information
- Total actual rent: 0
Other
Other facts
- ViewYN: true
- Sewer: Public Sewer
- WaterSource: Public
- Flooring: Tile
- Appliances: Dishwasher, Refrigerator, Disposal, Gas Water Heater
- GarageYN: true
- AttachedGarageYN: true
- Heating: Gas, Wall Furnace
- HeatingYN: true
- CoolingYN: true
- TenantPays: Cable TV, Electricity, Gas
- NumberOfUnitsTotal: 6
- ConstructionMaterials: Stucco
- OperatingExpenseIncludes: Utilities, Insurance, Trash, Gas, Water, Electric, Vacancy Allowance, Maintenance/Repair, Property Tax/Assessments, License/Ads
- MaintenanceExpense: 3000
- Cooling: Other
- ExteriorFeatures: Other
- ParkingFeatures: Garage, Attached Garage, Space Per Unit - 1
- View: Other
- CapRate: 5.02
- Roof: Composition Shingles
- TotalActualRent: 0
- LotFeatures: Regular
- ProfessionalManagementExpense: 0
- AccessibilityFeatures: Other
- InteriorFeatures: Updated Baths, Updated Kitchen
- PatioAndPorchFeatures: Balcony/Patio
- GreenEnergyEfficient: Energy Star Appliances
- GrossIncome: 147816
- GrossScheduledIncome: 147816
- InsuranceExpense: 2327
- NetOperatingIncome: 97806
- OperatingExpense: 45575
- VacancyAllowance: 4434
- MlsStatus: Pending
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,660,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,660,800