1136 E 12th St presents a rare mixed-use investment opportunity in Oakland's Clinton neighborhood. The property consists of one commercial unit and two residential units totaling approximately 3,546 SF on a 2,494 SF lot. Current ownership has maintained stable occupancy while providing investors with significant upside through rental increases and potential commercial repositioning.
The commercial space is currently below market and offers owner-user or value-add potential. Residential units feature spacious layouts with strong demand in the surrounding area. CN-3 zoning provides flexibility for future redevelopment or alternative uses, subject to city approval.
Conveniently located near Lake Merritt, Fruitvale BART, Downtown Oakland, and Interstate 880, the property benefits from excellent accessibility and proximity to major employment, retail, and transportation hubs. This asset is well-suited for investors seeking immediate cash flow with long-term appreciation and income growth potential.