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Duplex with minimum capital expenditures! 875 Wood St 2 Unit Apartment Building $1,260,000 ($630,000/Unit) Oakland, CA 94607

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Executive Summary

Prime Investment Property: 875 Wood St offers a fully renovated, permitted Victorian duplex in dynamic West Oakland, delivering immediate cash flow or flexible living. Featuring two distinct units (5 bed/4 bath total), each with separate utility meters, private laundry, and new kitchens/baths, this turnkey asset maximizes rental income potential with minimal landlord effort. Capital expenditures are significantly reduced with recent upgrades including new dual-pane windows, modern finishes, a new roof, and sewer compliance. Its strategic location provides excellent access to BART and major freeways, ensuring sustained tenant demand and strong long-term appreciation. A rare opportunity for investors seeking a high-performing, low-maintenance asset with diversified income streams.

Financial Summary (Actual - 2024)	Annual	Annual Per SF
Gross Rental Income	$75,900	$36.42
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$75,900	$36.42
Taxes	$17,891	$8.58
Operating Expenses	-	-
Total Expenses	$17,891	$8.58
Net Operating Income	-	-

Financial Summary (Actual - 2024)

Gross Rental Income
Annual	$75,900
Annual Per SF	$36.42

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$75,900
Annual Per SF	$36.42

Taxes
Annual	$17,891
Annual Per SF	$8.58

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$17,891
Annual Per SF	$8.58

Net Operating Income
Annual	-
Annual Per SF	-

Property Facts

Price	$1,260,000	Building Class	C
Price Per Unit	$630,000	Building Size	2,084 SF
Sale Type	Investment	Average Occupancy	100%
No. Units	2	No. Stories	2
Property Type	Multifamily	Year Built/Renovated	1890/2022
Property Subtype	Apartment Multifamily Dormitory	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low-Rise
Zoning	R1 - In Oakland, CA, R-1 zoning (Single-Family Residence District) primarily protects areas for one-family homes, allowing for low-density residential livi

Price	$1,260,000
Price Per Unit	$630,000
Sale Type	Investment
No. Units	2
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Low-Rise
Building Class	C
Building Size	2,084 SF
Average Occupancy	100%
No. Stories	2
Year Built/Renovated	1890/2022
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R1 - In Oakland, CA, R-1 zoning (Single-Family Residence District) primarily protects areas for one-family homes, allowing for low-density residential livi

Property Taxes

Parcel Number	006-0035-032-00	Total Assessment	$853,495 (2025)
Land Assessment	$228,444 (2025)	Annual Taxes	$17,891 ($8.58/SF)
Improvements Assessment	$625,051 (2025)	Tax Year	2024