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    1725 96Th Ave Oakland, CA 94603

    View on Map
    Sponsored
    For Sale
    $979,000

    MULTI_FAMILY - Oakland, CA

    Property size:
    3,100 SF
    Lot size:
    0.23 Acres
    Days on Market:
    16
    Last Refresh:
    Mar 7 at 2:06 pm

    Property Features for 1725 96Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 6, Bedroom 8, Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 4, Bathroom 5, Bathroom 8, Bedroom 7, Bathroom 3, Bathroom 2, Bathroom 6, Bathroom 7, Bedroom 4, Bedroom 2, Bedroom 1
    Bedrooms
    8
    APN
    465442181
    Parking features
    Carport, RV
    Exterior features
    Back Yard, Entry Gate, Storage Area
    Fencing
    Gate, Fenced
    Appliances
    Gas Water Heater
    Size
    3,100 SF
    Lot size
    0.23 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas

    Building Details

    Year built
    1895
    Number of units
    3
    Flooring type
    Hardwood, Concrete
    Building materials
    Wood Siding
    Roof type
    Composition
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Luz Delgado
    Luz Delgado

    Luz Delgado (510) 324-0630

    Listing agent Luz Delgado (510) 324-0630

    Listing date Feb 20, 2026

    MLS# 41118614 Listing URL

    Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Oakland Victorian Home with Income

    This Oakland Victorian home presents an income opportunity with a rare, large lot size of 9,932 square feet. The main home upstairs retains some of its original craftsmanship, featuring a spacious formal dining room and a large kitchen suitable for family gatherings and entertainment. The house includes six large bedrooms and three full baths with ample natural light. Downstairs, a two-bedroom, one-bathroom junior ADU generates $2,100 in monthly income. A long driveway provides plenty of parking space. The large yard offers enough space for a future ADU, with the potential to build more units subject to City approval. The current rent for the additional non-conforming unit is $2,100. The property is well-maintained and was updated with new plumbing and electrical work in 2019. Sewer Lateral is compliant. The property's location provides easy access to Bay Area Rapid Transit stations, Oakland Arena, Oakland Zoo, essential amenities, and the 880 and 580 freeways, with a short drive to the International Oakland Airport. The property size is 3,100 square feet, situated on 0.228 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.167908
    Latitude
    37.747912

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    FAQs

    What type of property is this?
    Multifamily property - Victorian home with ADU and basement income potential.
    Where is this multifamily property located?
    The property is located at 1725 96Th Ave Oakland, CA.
    What is the asking price?
    The asking price for this property is $979,000.
    What are key features of this property?
    This property features: - Income-producing property: 2-bedroom Junior ADU generates $2100/month; - Large 9,932 sqft lot with potential for future ADU development (subject to city approval); - Six-bedroom Victorian home with original craftsmanship, spacious dining room, and large kitchen
    (510) 305-5712
    Request Owner's contact information
    1725 96Th Ave Oakland, CA 94603
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    Oakland, CA 94603
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1725 96Th Ave Oakland, CA 94603
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    We can help!
    Listing Contact
    Luz Delgado
    Luz Delgado
    (510) 305-5712 (510) 324-0630
    Learn more
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