Property Details
About this Property
Cap Rate - 6.42% (Current) | GRM - 8.83 (Current) | Cap Rate - 8.47% | (Proforma) | GRM - 7.32 (Proforma) 2244 12th Avenue features seven (7) units, all of which are large 2 beds / 1 bath. The property has been well-maintained and upgraded over the years. Improvements include city-required point of sale ordinances such as sewer lateral replacement, fire inspection compliance, sidewalk, and removal of the soft story list. A 2-car garage and small parking lot in addition to a leased laundry room provide additional income. The property allows for both a turn-key investment with upside upon light remodels in some units enabling higher rents. Located on the Clinton / Bella Vista neighborhood border, the property is located in proximity to local businesses just east of Lake Merritt. A short drive provides quick access to Highway 580 or 880 allowing easy connects to San Francisco, Berkeley, and Silicon Valley.
MLS Listing Information
MLS #
CC41113160
MLS Source
Contra Costa Association of Realtors
Days on Site
36
Interior Features
Appliances
Dryer
Flooring
Other
Laundry
Community Facility
Cooling
None
Heating
Wall Furnace
Parking, School, and Other Information
Garage/Parking
Attached Garage, Enclosed, Off-Site Parking, Other, Garage: Car(s)
Sewer
Public Sewer
Water
Public
Complex Amenities
None
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 7 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 785 | 2 | 0/0 | $2,200 | – | – |
| 2 | 785 | 2 | 0/0 | $2,055 | – | – |
| 3 | 785 | 2 | 0/0 | $2,045 | – | – |
| 4 | 785 | 2 | 0/0 | $1,888 | – | – |
| 5 | 785 | 2 | 0/0 | $1,494 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2244 12th Ave is a Residential Income in Oakland, CA 94606. This 5,495 square foot property sits on a 7,500 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,400,000 and was built in 1962. This address can also be written as 2244 12th Ave, Oakland, CA 94606.
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This listing information is up-to-date as of October 25, 2025. For the most current information, please contact Davide Pio, (510) 815-2000
