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Duplex with minimum capital expenditures! 875 Wood St 2 Unit Apartment Building $1,711,231 CAD ($855,616 CAD/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 (CAD)	Annual Per SF (CAD)
Gross Rental Income	$103,081	$49.46
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$103,081	$49.46
Taxes	$24,298	$11.66
Operating Expenses	-	-
Total Expenses	$24,298	$11.66
Net Operating Income	-	-

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual	$103,081
Annual Per SF	$49.46

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	$103,081
Annual Per SF	$49.46

Taxes (CAD)
Annual	$24,298
Annual Per SF	$11.66

Operating Expenses (CAD)
Annual	-
Annual Per SF	-

Total Expenses (CAD)
Annual	$24,298
Annual Per SF	$11.66

Net Operating Income (CAD)
Annual	-
Annual Per SF	-

Property Facts

Price	$1,711,231 CAD	Building Class	C
Price Per Unit	$855,616 CAD	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	$1,711,231 CAD
Price Per Unit	$855,616 CAD
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	$1,159,149 CAD (2025)
Land Assessment	$310,254 CAD (2025)	Annual Taxes	$24,298 CAD ($11.66 CAD/SF)
Improvements Assessment	$848,894 CAD (2025)	Tax Year	2024