Oakland Fourplex with Upside
2508 79Th Ave Oakland, CA 94605
For Sale
$789,900
MULTI_FAMILY - Oakland, CA
Property Size2,060 SF
Lot Size0.08 Acres
Price / SF$383.45
Days on Market99
Property Features for 2508 79Th Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Rooms
Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3
Parking features
Garage
Exterior features
Back Yard
Fencing
Fenced
Appliances
Gas Water Heater
Standard status
Active
APN
40338431
Size
2,060 SF
Lot size
0.08 Acres
Utilities
Heating system
Natural Gas, Wall Furnace
Building Details
Year built
1926
Number of units
4
Flooring type
Laminate
Building materials
Stucco
Roof type
Tar/Gravel
Listing Agency:
Intero Real Estate Services
(408) 770-2530
Listed By:
David Azimi
(510) 386-4844
Added: Apr 22
Changed: Jul 28
Last Checked: Jul 29 at 5:06AM
MLS# 41131923
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.
Investment Insights
Based on property information with market context.
This fourplex in Oakland presents an opportunity for ownership with potential for increased value. Each unit features functional layouts and ample natural light. The property is situated on a lot of 0.0838 acres and includes on-site parking. Its location provides convenient access to commuter routes, which may appeal to tenants. The building has a size of 2060 square feet. This property is suitable for investors looking to renovate and increase rents.
Key Highlights
- Fourplex with a total of 4 units and multiple bedrooms/bathrooms listed per unit
- Year built 1926 with stucco exterior and tar/gravel roof
- Functional layouts with laminate flooring and ample natural light
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 | $63.0k | $30.60 |
| − Vacancy | −$3.5k | −$1.68 |
| EGI | $59.6k | $28.92 |
| − OpEx | −$17.9k | −$8.68 |
| NOI | $41.7k | $20.24 |
2,060 SF · lease $30.60/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$595.7K
$521.2K – $695.0K
NOI $41,698 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$534.0K
$467.2K – $623.0K
NOI $37,378 @ 7.0% cap · market cap 4.73%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Fourplex in Oakland with renovation and rental increase potential.
Where is this quadplex located?
The property is located at 2508 79Th Ave Oakland, CA.
What is the asking price?
The asking price for this property is $789,900.
What are key features of this property?
This property features: Fourplex with a total of 4 units and multiple bedrooms/bathrooms listed per unit; Year built 1926 with stucco exterior and tar/gravel roof; Functional layouts with laminate flooring and ample natural light
