1212 12th Street

Oakland CA 94607

4654 sq. ft.

6300 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Price Reduced! Motivated Seller!! 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 Francisco creating 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.