Key information
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Units 2
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Year Built 1904
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Average Unit Size 714
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Building Size 1,427
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Land Area (Sq Ft) 2,008
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Parking 1
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Separate Meters None
Pricing Metrics
CAP Rate:
4.9%
GRM:
10.6
Price per Unit:
$249,000
Price per Square Foot:
$349
Property Summary
Turnkey duplex in Oakland’s West Oakland / Ralph Bunche neighborhood, delivered vacant and move-in ready. 811 Grand Ave includes a 1BD/1BA unit and a 2BD/1BA unit across 1,427 sq ft, each with its own entrance and access to a shared backyard. Ideal for owner-occupants looking to live in one unit while renting the other, or for investors seeking immediate rental income in a high-demand transit corridor. Just minutes from Downtown Oakland and near I-580, I-980, and BART for fast Bay Area commutes. The area continues to benefit from public and private reinvestment, new housing, and infill development. With a 92 Walk Score and flexible layout, this is an opportunity to own in a transitioning neighborhood with long-term upside.
Financial Summary
Gross Rents (Annual):
$46,800
Other Income:
$0
Expense Pass Through:
$0
Effective Gross Income:
$24,497
Vacancy Reserve:
$3,276
Operating Expenses:
$19,027
Net Operating Income:
$24,497
Market Rents (Annual):
$46,800
Rent Gap:
0%
Disclaimer*
The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information.
Operating Expenses
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Property Tax Rate:
N/A
Property Tax (Base):
N/A
Property Tax (Additional Assessments):
N/A
Business License Fee:
N/A
Rent Board Fee:
N/A
Other Program Fee:
N/A
Property Management:
N/A
Resident Manager:
N/A
- Maintenance, Repairs, and Reserves : N/A
- Turnover Costs : N/A
- Landscaping : N/A
- Pest Control : N/A
- Janitorial : N/A
- Insurance : N/A
- Gas & Electricity : N/A
- Garbage : N/A
- Water & Sewer : N/A
- Other Utilities : N/A
Disclaimer*
The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information.
Rent Roll
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