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 Franciscocreating 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.
For sale
Price cut: $50K (6/3)
$1,525,000
1212 12th St, Oakland, CA 94607
12beds
4,654sqft
Multi Family
Built in 1963
-- sqft lot
$-- Zestimate®
$328/sqft
$-- HOA
What's special
- 55 days |
- 151 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Monica H. Chung DRE #01079185 415-699-0843,
Andersen, Jung & Co. 415-397-1966
Source: SFAR,MLS#: 426119437
Originating MLS: San Francisco Association of REALTORS
Originating MLS: San Francisco Association of REALTORSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Gas, Wall Furnace
Cooling
- None
Appliances
- Included: Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Varies By Unit, Washer/Dryer Leased
- Laundry: Common Area
Features
- Flooring: Carpet, Laminate, Linoleum, Tile, Vinyl
- Windows: Double Pane Windows
Interior area
- Total structure area: 4,654
- Total interior livable area: 4,654 sqft
Property
Parking
- Total spaces: 8
- Parking features: Covered, Detached, Garage, Guest, Inside Entrance, On Street, Uncovered
- Garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,300 Square Feet
- Features: Curbs/Gutters, Sidewalk
- Topography: Level
Details
- Parcel number: 0040037018
- Special conditions: Offer As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Frame, Stucco, Wood
- Foundation: Concrete
- Roof: Other
Condition
- Year built: 1963
Utilities & green energy
- Electric: 220 Volts, Separate Meter
- Gas: Separate Meter
- Sewer: Public Sewer, Sewer in Street
- Water: Meter on Site, Water District
- Utilities for property: Common Area Meter, Cable Available, Electricity Available, Internet Available, Natural Gas Connected, Sewer Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
HOA
- Has HOA: No
Location
- Region: Oakland
- Elevation: 0
Financial & listing details
- Price per square foot: $328/sqft
- Tax assessed value: $2,051,401
- Price range: $1.5M - $1.5M
- Date on market: 5/6/2026
- Cumulative days on market: 55 days
- Listing terms: 1031 Exchange,Cash,Conventional
- Lease term: Lease/Month to Month Mix
- Total actual rent: 8178
- Tenant pays: Electricity, Gas, Parking Fee, See Remarks
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$4,186/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Price change | $1,525,000-3.2%$328/sqft |
Source:  SFAR #426119437 Report a problem | ||
| 5/7/2026 | Listed for sale | $1,575,000-17.1%$338/sqft |
Source: SFAR #426119437 Report a problem | ||
| 11/7/2019 | Sold | $1,900,000-2.6%$408/sqft |
Source: Public Record Report a problem | ||
| 10/6/2019 | Pending sale | $1,950,000$419/sqft |
Source: JOSEPH M. TAPIA, BROKER #40878884 Report a problem | ||
| 8/19/2019 | Listed for sale | $1,950,000+614.3%$419/sqft |
Source: JOSEPH M. TAPIA, BROKER #40878884 Report a problem | ||
| 6/20/2016 | Sold | $273,000-71%$59/sqft |
Source: Public Record Report a problem | ||
| 1/24/2014 | Sold | $940,000+21.9%$202/sqft |
Source: Public Record Report a problem | ||
| 8/31/2010 | Sold | $771,000-4.2%$166/sqft |
Source: Public Record Report a problem | ||
| 6/30/2006 | Sold | $805,000$173/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $2,051,401 +2% |
| 2024 | $30,851 -4.7% | $2,011,186 +2% |
| 2023 | $32,371 +3.4% | $1,971,766 +2% |
| 2022 | $31,295 +4.5% | $1,933,104 +2% |
| 2021 | $29,942 +1% | $1,895,200 -0.1% |
| 2020 | $29,643 +68.4% | $1,896,622 +76.8% |
| 2019 | $17,606 +7.3% | $1,072,677 +2% |
| 2018 | $16,410 | $1,051,718 +2% |
| 2017 | $16,410 +6% | $1,030,828 +5.9% |
| 2016 | $15,483 +0.6% | $973,321 +1.5% |
| 2015 | $15,395 +15.7% | $958,751 +27.2% |
| 2014 | $13,307 | $753,627 +0.5% |
| 2013 | -- | $750,229 +2% |
| 2012 | -- | $735,542 +2% |
| 2011 | -- | $721,142 -12.7% |
| 2010 | -- | $826,200 |
| 2009 | -- | $826,200 |
| 2008 | -- | $826,200 -21% |
| 2007 | -- | $1,045,414 +683.2% |
| 2006 | -- | $133,475 +2% |
| 2005 | -- | $130,883 +2% |
| 2004 | -- | $128,341 +1.8% |
| 2003 | -- | $126,012 +2% |
| 2002 | -- | $123,565 +3% |
| 2001 | $2,817 | $119,965 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Oak Center
Nearby schools
GreatSchools rating
- 1/10Martin Luther King, Jr. Elementary SchoolGrades: K-5Distance: 0.3 mi
- 3/10West Oakland Middle SchoolGrades: 6-8Distance: 0.3 mi
- 2/10McClymonds High SchoolGrades: 9-12Distance: 0.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help
- California
- Alameda County
- Oakland
- 94607
- Oak Center
- 1212 12th St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Oakland Topics
