Multifamily Property for Sale in Oakland, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Oakland, CA 94608
  • Size: 2,765 SF
  • Year built: 1912

Description

Open House today, Sunday, 9-28, and next weekend! Come visit this spacious 2,576 sq. ft. Victorian duplex , thoughtfully updated with modern finishes while preserving its timeless Edwardian charm. Perfectly positioned on a quiet, tree-shaded street, this property offers both comfort and convenience. Inside, you’ll find sun-filled interiors , complete with brand-new cabinets, appliances (including refrigerator and range) , and a bright, open layout that makes every room feel inviting.Step outside to enjoy a private backyard retreat , ideal for relaxing, entertaining, or gardening. Location is unbeatable: Just steps from the Emeryville Community Center and school athletic fields. Walk to work, school, or nearby Emeryville shops and Public Market . Quick access to major highways and transit , making your commute a breeze. Additional perk: off-street parking (buyer to verify with the City). This is a rare opportunity to own a vacant, move-in-ready duplex —perfect as a home with income potential, multi-generational living, or a smart investment. Don’t miss your chance to make 1148 53rd Street your new and investment. Building SF: 2765 | Land Size: 0.07 Ac | Year Built: 1912 | Listing Type: FOR SALE

Market Context

This multifamily in Oakland, CA is listed for sale across 2,765 SF. The building dates to 1912. It has been on the market for 39 days. Compare it against other multifamily listings for sale in Oakland, CA — <a href="/search/sale/multifamily/california/oakland">view the full market</a>.

As of Q1 2026, the Oakland / East Bay multifamily market showed cap rates around 4.9%. Source: Consensus Q1 2026 market report.

Multifamily market FAQ

What is the typical cap rate for multifamily in Oakland / East Bay?
About 4.9% as of Q1 2026, per Consensus.

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