Oakland Fourplex Near Lake
1439 7th Ave Oakland, CA 94606
1439 7th Ave, Oakland, CA, 94606
$695,000
For Sale
$695,000
MULTI_FAMILY - Oakland, CA
Property Size2,626 SF
Lot Size0.10 Acres
Price / SF$264.66
Days on Market360
Property Features for 1439 7th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1
- Parking features
- Off Street, Parking Lot
- Interior features
- Tub w/Shower Over
- Exterior features
- Back Yard
- Standard status
- Active
- APN
- 2013542
- Size
- 2,626 SF
- Lot size
- 0.10 Acres
Utilities
- Heating system
- Wall Furnace
Building Details
- Year built
- 1951
- Number of units
- 4
- Building materials
- Stucco
- Roof type
- Rolled Hot Mop
Listing agency
Keller Williams Realty
(925) 934-2900
Listed by
Shane Liu · License #02084161
(510) 829-0002
Added: Jul 28, 2025 Updated: Jul 12 at 5:31AM Checked: Jul 22 at 4:06AM
MLS# 41106333
Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fourplex presents an investment opportunity near Lake Merritt and Lakeside Park. The property features four spacious one-bedroom, one-bathroom units, each including a living room. The building is fully tenant-occupied with long-term renters, offering stable rental income. Constructed on a cement slab foundation, the property minimizes maintenance concerns. Tenants have access to a generously sized backyard with mature fruit trees. The location provides convenient access to transit, dining, and entertainment, being minutes from Grand Lake Theatre, Grand Lake shopping district, Downtown Oakland, Chinatown, and West Oakland BART Station. This turn-key income property is situated in a desirable Oakland location. The property size is 2626 square feet and the lot size is 0.0994 acres.
Key Highlights
- Solid fourplex built in 1951 with four 1BD/1BA units, each with its own living room
- Fully tenant‑occupied with long‑term renters (please do not disturb tenants); offer subject to inspection
- Units feature tub/shower combinations; wall furnace heating
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.1k | $32.40 |
| − Vacancy | −$4.4k | −$1.69 |
| EGI | $80.6k | $30.71 |
| − OpEx | −$24.2k | −$9.21 |
| NOI | $56.4k | $21.50 |
2,626 SF · lease $32.40/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$806.4K
$705.6K – $940.8K
NOI $56,449 @ 7.0% cap · market cap 8.12%
Second Best
Apartment 5plus
$737.0K
$644.9K – $859.9K
NOI $51,592 @ 7.0% cap · market cap 7.42%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,736 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Four-unit multifamily property in a high-demand Oakland location.
Where is this quadplex located?
The property is located at 1439 7th Ave Oakland, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Solid fourplex built in 1951 with four 1BD/1BA units, each with its own living room; Fully tenant‑occupied with long‑term renters (please do not disturb tenants); offer subject to inspection; Units feature tub/shower combinations; wall furnace heating
