# House Hacking in Oakland (94606): Brooklyn Basin's 3,100 units building on the waterfront · The Rent Hacker > Oakland 94606 for house hackers: Brooklyn Basin, a 64-acre waterfront build-out of about 3,100 units plus 200k sqft commercial, is actively delivering, with f Canonical: https://therenthacker.com/house-hacking/oakland-brooklyn-basin-94606/ Source: The Rent Hacker (https://therenthacker.com/). License: RSL, attribution required — https://therenthacker.com/license.xml --- [East Bay guide](/house-hacking/east-bay/) · Tier A · Rank #8 of 87 # House hacking in Oakland (San Antonio / East Lake Merritt / Brooklyn Basin). Brooklyn Basin, a 64-acre waterfront build-out of about 3,100 units plus 200k sqft commercial, is actively delivering, with full-length Tempo BRT and Lake Merritt BART serving the ZIP. ## What's actually happening in 94606 - Under construction / delivered Brooklyn Basin: Parcel H under construction; Foon Lok East (124 units) delivered 2025. [SF YIMBY](https://sfyimby.com/2026/03/construction-underway-for-brooklyn-basin-parcel-h-oakland.html) - Operational Tempo BRT runs full-length through the ZIP, plus Lake Merritt BART. [AC Transit](https://www.actransit.org/tempo/project) - Planning designation Oakland General Plan Phase 1 upzoning along International Blvd. City of Oakland ## The numbers Median price ~Oakland proxy (mixed new waterfront and old flats) Market rent Oakland proxy $2,250/mo (2bd $2,588; Zumper, Jun 2026) Property tax (Alameda County) ~1.71% effective (Oakland city median; new purchases reassess at price) Per-bed rent band $950–1,350/mo per bed ADU rent band $1,900–2,400/mo Whole-home rent band 2bd $2,588 / 3bd $3,100 whole-home Underwriting vacancy 5% underwriting vacancy Appreciation scenarios 2.0 / 3.5 / 4.5 %/yr (conservative / base / upside) Mixed stock: new waterfront deliveries next to old San Antonio flats. Appreciation basis: Brooklyn Basin actively building plus Tempo frequency; mixed new and old stock. Rent bands are city-level medians; confirm the specific parcel before trusting any of them. [Run your own scenario in the calculator](/calculator/). ## Buildings we underwrote in 94606 21 buildings in 94606 carry a record. 3 beat renting and index funds, 1 rejected; the rest did not. Every row links to its own page, with the numbers it was scored on. Property At our defaults Status [4-unit building · San Antonio](/property/rh-g5h9kq/) Members 4 units +$179,484 House-Hack Underwritten — beats renting and index funds, below the publish cut [2051 23rd Ave](/property/rh-r0107o/2051-23rd-ave/) 4 units · $615,000 +$33,799 House-Hack Underwritten — beats renting and index funds, below the publish cut [950 Loomis Ct](/property/rh-dl6hk2/950-loomis-ct/) 2 units · $450,000 +$66,119 House-Hack Underwritten — beats renting and index funds, below the publish cut [2048 13th Ave](/property/rh-shdshh/2048-13th-ave/) 2 units · $835,000 −$57,356 S&P 500 Underwritten — the index wins at our defaults [2445 10th Ave](/property/rh-1vbi1k/2445-10th-ave/) 2 units · $529,000 −$127,764 S&P 500 Underwritten — the index wins at our defaults [2533 19th Ave](/property/rh-5hab4q/2533-19th-ave/) 2 units · $599,000 −$197,666 S&P 500 Underwritten — the index wins at our defaults [1625 7th Ave](/property/rh-5qpv56/1625-7th-ave/) 2 units · $635,000 −$207,457 S&P 500 Underwritten — the index wins at our defaults [1820 International Blvd](/property/rh-rjmgoy/1820-international-blvd/) 2 units · $699,000 −$229,793 S&P 500 Underwritten — the index wins at our defaults [2120 E 22nd St](/property/rh-hwnv9l/2120-e-22nd-st/) 2 units · $849,000 −$250,373 S&P 500 Underwritten — the index wins at our defaults [1723 21st Ave](/property/rh-wpjiui/1723-21st-ave/) 2 units · $839,000 −$297,916 S&P 500 Underwritten — the index wins at our defaults [1712 E 21st St](/property/rh-0h4mus/1712-e-21st-st/) 2 units · $699,000 −$318,599 S&P 500 Underwritten — the index wins at our defaults [414 E 12th St](/property/rh-uphhvp/414-e-12th-st/) 2 units · $798,000 −$374,971 S&P 500 Underwritten — the index wins at our defaults [1011 E 11th St](/property/rh-ex6hub/1011-e-11th-st/) 2 units · $850,000 −$466,679 S&P 500 Underwritten — the index wins at our defaults [832 7th Ave](/property/rh-dojsts/832-7th-ave/) 2 units · $999,000 −$470,339 S&P 500 Underwritten — the index wins at our defaults [2136 Foothill Blvd](/property/rh-hsop3c/2136-foothill-blvd/) 2 units · $768,000 −$476,159 S&P 500 Underwritten — the index wins at our defaults [1620 12th Ave](/property/rh-67in65/1620-12th-ave/) 2 units · $825,000 −$529,083 S&P 500 Underwritten — the index wins at our defaults [2116 International Blvd](/property/rh-0ollz4/2116-international-blvd/) 2 units · $1,280,000 −$882,409 S&P 500 Underwritten — the index wins at our defaults [2742 Park Blvd](/property/rh-a00y1n/2742-park-blvd/) 2 units · $1,395,000 −$1,321,954 S&P 500 Underwritten — the index wins at our defaults [459 Stow Ave](/property/rh-6tfr00/459-stow-ave/) 2 units · $1,485,000 −$1,386,671 S&P 500 Underwritten — the index wins at our defaults [339 Hanover Ave](/property/rh-kvxn9g/339-hanover-ave/) 2 units · $1,495,000 −$1,397,741 S&P 500 Underwritten — the index wins at our defaults [220 International Blvd](/property/rh-26eed3/220-international-blvd/) — no verdict on file Rejected — Out of scope: after this week's run, the listing record we verified showed it is commercial. We underwrite residential buildings of two to four homes only, so it is not on the board. The full [board](/board/) shows every region's current week; this table is every record we hold for 94606, newest basis first. ## The house-hack angle Old San Antonio flats a few blocks off the waterfront, plus room rentals riding the Brooklyn Basin build-out; Tempo covers the full length of International through the ZIP. ## What breaks it - Oakland's 1.71% tax needs roughly 40–60 bps more rent coverage than San Leandro or Concord - Oakland commuter rooms are among the more exposed in a rent-softness stress: model 5% vacancy anyway - City-proxy rents: re-comp at the property level This page is the standing analysis. The weekly part, actual Oakland-area listings that pass the math, lands on the East Bay board every Wednesday. [This week's East Bay board](/board/sf-east-bay/) [This week's East Bay board](/board/sf-east-bay/) · [Read past East Bay issues](/issues/sf-east-bay/) · [Every pick, on the record](/track-record/) · [How a deal becomes a pick](/methodology/) Data synthesized 2026-07-04, catalysts re-verified 2026-07-15. Mortgage-rate basis: 6.43% (Freddie Mac PMMS, week of 2026-07-02). Sources are the public planning documents and market listings named above, fetched on the synthesis date. Nothing here is investment advice; every deal needs a bindable insurance quote and parcel-level verification.