1138 E 12th St., Oakland, California 94606, Oakland, - bed, bath
ACTIVE$618,000
1138 E 12th St., Oakland, California 94606
0Bed
0Bath
Sqft
2,500Lot
Year Built
1910
Close
-
List price
$618K
Original List price
$650K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41111890
Home ConditionPoor
Features
View-
About this home
Multi-use commercial/residential space available and suitable for retail, office, store, art studio, gym, and much more!
Nearby schools
3/10
Franklin Elementary School
Public,•K-5•0.3mi
3/10
Garfield Elementary School
Public,•K-5•0.8mi
4/10
Bella Vista Elementary School
Public,•K-5•1.0mi
7/10
Cleveland Elementary School
Public,•K-5•1.1mi
8/10
Lincoln Elementary School
Public,•K-5•1.2mi
3/10
International Community School
Public,•K-5•1.2mi
5/10
Think College Now School
Public,•K-5•1.2mi
3/10
Manzanita Seed
Public,•K-5•1.4mi
6/10
Henry Haight Elementary School
Public,•K-5•1.4mi
9/10
Crocker Highlands Elementary School
Public,•K-5•1.9mi
5/10
Glenview Elementary School
Public,•K-5•2.0mi
2/10
Piedmont Avenue Elementary School
Public,•K-5•2.7mi
4/10
Roosevelt Middle School
Public,•6-8•0.6mi
3/10
La Escuelita Elementary School
Public,•K-8•0.6mi
4/10
Urban Promise Academy
Public,•6-8•1.4mi
6/10
Edna Brewer Middle School
Public,•6-8•1.5mi
3/10
United For Success Academy
Public,•6-8•1.8mi
2/10
Westlake Middle School
Public,•6-8•1.8mi
5/10
Will C. Wood Middle School
Public,•6-8•2.0mi
2/10
Bret Harte Middle School
Public,•6-9•2.5mi
4/10
Oakland High School
Public,•9-12•1.3mi
2/10
Fremont High
Public,•9-12•2.4mi
7/10
Encinal Junior/Senior High
Public,•6-12•2.5mi
7/10
Oakland Technical High School
Public,•9-12•2.9mi
2/10
Oakland International High School
Public,•9-12•3.1mi
4/10
Skyline High School
Public,•9-12•4.7mi
Price History
Date
Event
Price
09/20/25
Price Change
$618,000-4.9%
09/17/25
Listing
$650,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (18 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 2,500 | 3,780 | 5% |
| Price | $618K | $800K | 42% |
| Price per square foot | $0 | $0 | |
| Built year | 1910 | 1914 | 47% |
| HOA | |||
| Days on market | 50 | 182 | 5% |
Condition Rating
Poor
Built in 1910, this multi-use property presents a mixed bag of conditions. While one residential unit shows some updates with laminate flooring and newer kitchen cabinets/countertops, the appliances are older, and the bathroom is very dated and utilitarian, requiring a full renovation. The large commercial space appears to be a raw shell needing substantial build-out and rehabilitation. Overall, the property requires significant investment to bring it up to modern standards for both residential and commercial use.
Pros & Cons
Pros
Versatile Multi-Use Potential: The property is explicitly marketed as a multi-use commercial/residential space, suitable for a wide range of ventures including retail, office, art studio, or gym, offering significant flexibility for investors or owner-operators.
Income-Generating Triplex: As a Triplex, this property provides multiple rental units, offering a strong potential for consistent rental income or the option for an owner-occupant to offset mortgage costs.
Recent Price Reduction: The list price has been reduced from $650,000 to $618,000, indicating a motivated seller and potential for a more attractive purchase opportunity.
Historic Charm and Character: Built in 1910, the property likely possesses unique architectural details and historical character, which can be a desirable feature for certain buyers and tenants.
Proximity to Local Amenities and Schools: Located in Oakland, the property benefits from urban amenities and is within close proximity to several schools, including Franklin Elementary (0.3 miles) and highly-rated Crocker Highlands Elementary (rating 9).
Cons
Advanced Age of Property: Constructed in 1910, the property is over a century old, suggesting potential for significant deferred maintenance, outdated systems (plumbing, electrical, HVAC), and structural issues that may require substantial capital investment.
Limited Residential Unit Details: The listing description focuses heavily on commercial potential but lacks specific details regarding the residential units (e.g., number of bedrooms/bathrooms per unit, interior condition), making it challenging to fully assess residential income potential or living quality.
Small Lot Size: With a lot size of 2500 sq ft, the property may offer limited outdoor space, parking, or expansion opportunities, which could be a constraint for both commercial operations and residential tenants.