List Search

1033 Magnolia St
Oakland, CA 94607 West Oakland

$995,000 USD

Apartments For Sale  •  3,940 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,940 SF
  • Lot Size 0.11 AC
  • Building Class B
  • Year Built 1898
  • Cap Rate 7.77 %
80 Transit Score
70 Walk Score

Highlights

Move-In Ready Owner’s Suite: Rare opportunity for an owner-user to occupy a recently renovated, top-floor 2BR/1BA unit with designer finishes.
High-Yield Investment: Exceptional 7.77% Current Cap Rate and 8.29 GRM at the new $995,000 price point.
Extensive 2015 Renovations: Modernized interiors featuring granite countertops, hardwood floors, crown molding, and updated appliances.
Commuter’s Paradise: Located in the heart of West Oakland, just minutes from BART and Downtown Oakland with seamless access to San Francisco.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $77,327 USD (2025)
Cap Rate: 7.77 %
Total Expenses: $36,800 USD

Amenities

  • 24 Hour Access
  • Balcony
  • Controlled Access
  • Dishwasher
  • Tenant Controlled HVAC
  • Crown Molding
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Storage Space
  • Online Services
  • Deck
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Oakland (Capitol Corridor - Amtrak, Coast Starlight - Amtrak) 4 min - 1.6 mi
Emeryville (California Zephyr - Amtrak, Capitol Corridor - Amtrak, Coast Starlight - Amtrak) 7 min - 2.8 mi
Transit/SubwayDriveWalkDistance
West Oakland (Antioch to SFIA/Millbrae - Bay Area Rapid Transit (BART), Berryessa/North San Jose to Daly City - Bay Area Rapid Transit (BART), Daly City to Berryessa/North San Jose - Bay Area Rapid Transit (BART), Millbrae/SFIA to Antioch - Bay Area Rapid Transit (BART), Millbrae/SFO to Richmond - Bay Area Rapid Transit (BART)) 2 min 11 min 0.6 mi
12Th Street / Oakland City Center (Antioch to SFIA/Millbrae - Bay Area Rapid Transit (BART), Berryessa/North San Jose to Richmond - Bay Area Rapid Transit (BART), Millbrae/SFIA to Antioch - Bay Area Rapid Transit (BART), Millbrae/SFO to Richmond - Bay Area Rapid Transit (BART), Richmond to SFO/Millbrae - Bay Area Rapid Transit (BART)) 3 min 20 min 1.0 mi
AirportDriveWalkDistance
Metro Oakland International 16 min - 10.1 mi
San Francisco International 34 min - 21.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Nathaniel Reinke 415-710-7284 KW Advisors East Bay
Nathaniel Reinke 415-710-7284 KW Advisors East Bay