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    Quadplex Residential Income Property Title is generated by Realmo AI

    23 Peroly CT, Oakland, CA 94601

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    Claim this Listing
    New
    For Sale
    $850,000

    MULTI_FAMILY - OAKLAND, CA

    Property size:
    2,754 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $308/SF
    Added:
    Jun 26, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 27 at 5:06 pm

    Property Features for 23 Peroly CT

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    rM3 s13
    Parking features
    On Street
    Standard status
    Active
    Size
    2,754 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1948
    Number of units
    4
    Roof type
    Composition

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    Contact an agent
    Adriana Perez-bell

    Listing agent Adriana Perez-bell License #02198845

    Listing office Kollab Real Estate 75 E Santa Clara St, San Jose, CA

    Listing date Jun 26, 2026

    MLS# ML82039240 Listing URL

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

    HighLights

    • Natural gas heating
    • Public water source
    • Composition roof
    • On‑street parking
    • Built in 1948

    Overview

    This offering is a quadplex-style multifamily residential income property totaling 2,754 square feet on a 0.1172-acre lot. It is listed for sale as a dedicated income-producing structure within the RM3 S13 zoning designation.

    The property is located at 23 Peroly Ct in Oakland, CA 94601. The listing information identifies the site size and overall building square footage, along with the applicable zoning, which can be important for buyers evaluating residential use and redevelopment considerations within the RM3 S13 framework.

    For investors and owner-operators seeking a small-balance residential income asset, a quadplex configuration can offer a straightforward way to diversify rental exposure within a single property. Buyers who plan to hold or reposition the asset may find the defined site size, building size, and zoning designation useful when underwriting operating plans and compliance requirements. Brokers and tenant representatives can also use the zoning and property-type detail to align expectations around allowable residential use for the next phase of occupancy.

    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 $94.2k $34.20
    − Vacancy −$4.0k −$1.44
    EGI $90.2k $32.76
    − OpEx −$27.1k −$9.83
    NOI $63.2k $22.93
    2,754 SF · lease $34.20/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $902.3K
    $789.5K – $1.05M (±1% cap)
    NOI $63,162 @ 7.0% cap · market cap 7.43%
    Second Best
    Apartment 5plus
    $837.7K
    $733.0K – $977.3K (±1% cap)
    NOI $58,638 @ 7.0% cap · market cap 6.90%
    Theoretical Best
    Office A
    $1.12M
    $982.2K – $1.31M (±1% cap)
    NOI $78,579 @ 7.0% cap · market cap 9.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.223152
    Latitude
    37.79001

    FAQs

    What type of property is this?
    Quadplex - Four-unit Oakland residential income property offered for sale in RM3 S13 zoning.
    Where is this quadplex located?
    The property is located at 23 Peroly CT Oakland, CA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Natural gas heating; Public water source; Composition roof
    More about this property
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