$1,350,000 - 2244 12th Ave, Oakland
- 0.17Acres
Oakland Home For Sale
Cap Rate - 6.66% (Current) | GRM - 8.52 (Current) | Cap Rate - 8.78% | (Proforma) | GRM - 7.06 (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.
Sales Agent
- Sam Smith
- San Clemente Realtor ®
- Phone: 949-204-5110
- Cell: 949-204-5110
- Contact Agent Now
Amenities
- Parking Spaces7
Additional Information
- Date ListedSeptember 29th, 2025
- Days on Market77
- Short SaleN
- RE / Bank OwnedN
Essential Information
- MLS® #41113160
- Price$1,350,000
- Bathrooms0.00
- Acres0.17
- Year Built1962
- TypeResidential Income
- StatusActive
- Listing AgentDavide Pio
- Listing OfficeBCRE
Exterior
- ExteriorStucco
- Lot DescriptionCorner Lot
- ConstructionStucco
Community Information
- Address2244 12th Ave
- SubdivisionCLINTON
- CityOakland
- CountyAlameda
- Zip Code94606
Interior
- AppliancesGas Water Heater
- HeatingWall Furnace
- CoolingNone
Price Change History for 2244 12th Ave, Oakland, (MLS® #41113160)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $1,400,000) | $1,350,000 | $50,000 (3.57%) |
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Based on information from California Regional Multiple Listing Service, Inc. as of December 15th, 2025 at 3:30pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.