12th
Oakland, CA 94606
Clinton- 2 Beds
- 1 Bath
- 5,495 sqft
2 Beds
1 Bath
5,495 sqft
Local Information
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Description
Price Per Unit Under $200k. 2244 12th Avenue presents a seven-unit multifamily investment opportunity in Oakland's Clinton Neighborhood, a well-established rental pocket in the East Bay. Located on a corner lot with strong street presence, the property offers immediate access to Lake Merritt, Grand Avenue, Lakeshore dining and retail, Downtown Oakland employment hubs, and direct freeway access to I-580 and I-880.
The asset consists of seven 2-bedroom/1-bathroom apartments across a two-story wood frame and stucco building totaling 5,495 sq ft, built in 1962 on a 0.17-acre lot. All units are individually metered for gas and electricity. Income is further supported by a double garage leased to an on-site tenant, five designated parking spaces offered to residents for a monthly fee, and a coin-operated laundry room generating supplemental income.
Units are clean and fully rentable in their current condition, with clear value-add potential for an incoming owner to modernize interiors and bring rents to market at $2,200/month. Current cap rate of 7.81% with a pro forma cap rate of 9.52% at market rents. SB 721 inspection completed. Do Not Disturb Tenants.
The asset consists of seven 2-bedroom/1-bathroom apartments across a two-story wood frame and stucco building totaling 5,495 sq ft, built in 1962 on a 0.17-acre lot. All units are individually metered for gas and electricity. Income is further supported by a double garage leased to an on-site tenant, five designated parking spaces offered to residents for a monthly fee, and a coin-operated laundry room generating supplemental income.
Units are clean and fully rentable in their current condition, with clear value-add potential for an incoming owner to modernize interiors and bring rents to market at $2,200/month. Current cap rate of 7.81% with a pro forma cap rate of 9.52% at market rents. SB 721 inspection completed. Do Not Disturb Tenants.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$250
Listed
3 days ago
Home Details for 12th
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1 |
Dimensions and Layout Living Area: 5495 Square Feet |
Appliances & Utilities Appliances: Electric Oven/RangeLaundry: Coin Operated |
Heating & Cooling Heating: Wall FurnaceAir Conditioning: OtherHeating Fuel: Wall Furnace |
Gas & Electric Gas: IndividualGasMeters |
Windows, Doors, Floors & Walls Door: OtherFlooring: Vinyl Linoleum |
Levels, Entrance, & Accessibility Accessibility: OtherFloors: Vinyl Linoleum |
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Exterior Home Features Roof: Flat Rolled Hot MopFoundation: Slab |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a CarportHas a GarageParking Spaces: 5Parking: Assigned,Attached,On Street |
Water & Sewer Sewer: Private Sewer |
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Days on Market: 3 |
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Year Built Year Built: 1962 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Five Or More Units, Residential Income |
Property Information Parcel Number: 2230115 |
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Price List Price: $1,375,000Price Per Sqft: $250 |
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Direction & Address City: Oakland |
School Information Elementary School District: OaklandUnifiedHigh School District: OaklandUnified |
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Listing Agent Listing ID: ML82045784 |
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Building Area Building Area: 5495 |
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Units in Building: 7 |
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Lot Area: 7500 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: ExclusiveAgency |
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Lease Term: Month To Month |
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Mls Number: ML82045784 |
Last check for updates: about 16 hours ago
Listing courtesy of Ray Rodriguez 01999734, (650) 405-0743
Compass, (415) 345-3000
Tony Zizzo 01962093, (650) 770-8356
(415) 345-3000
Source: MLSListings Inc, MLS#ML82045784

Also Listed on MLSListings Inc.
Price History for 12th
| Date | Price | Event | Source |
|---|---|---|---|
| 05/04/2026 | $1,375,000 | Listed For Sale | MLSListings Inc #ML82045784 |
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Comparable Sales for 12th
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.21 | Multi-Family Home | $440,000 | 09/19/25 | 4 | 2 | 4,192 | |
0.48 | Multi-Family Home | $899,000 | 06/25/25 | 2 | 2 | 3,332 | |
0.28 | Multi-Family Home | $5,200,000 | 03/26/26 | 3 | 4 | 17,526 | |
0.22 | Multi-Family Home | $510,000 | 01/21/26 | 3 | 2 | 1,596 | |
0.16 | Multi-Family Home | $530,000 | 07/14/25 | 3 | 3 | 1,422 | |
0.40 | Multi-Family Home | $1,450,000 | 11/12/25 | 5 | 4 | 3,590 | |
0.50 | Multi-Family Home | $680,000 | 12/17/25 | 5 | 2 | 2,189 |
Assigned Schools
These are the assigned schools for 12th.
What Locals Say about Clinton
At least 1 Trulia users voted on each feature.
100 % Say neighbors are friendly
100 % Say there are community events
100 % Say it's quiet
50 % Say streets are well-lit
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Ray Rodriguez, Compass, (415) 345-3000
Agent Phone: (650) 405-0743

Based on information from the MLSListings MLS as of 2026-05-07 21:39:58 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

