Oakland Multifamily Investment
For Sale
$699,000
2805 106th Ave, Oakland, CA 94605
MULTI_FAMILY - Oakland, CA
Property Size3,406 SF
Lot Size0.14 Acres
Price / SF$205.23
Days on Market260
Property Features for 2805 106th Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 8, Bathroom 3, Bathroom 7, Bedroom 3, Bedroom 7, Bathroom 4, Bedroom 1, Bathroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 6, Bathroom 2, Bedroom 5, Bedroom 6
Fencing
Fenced
Subdivision
East Oakland
Lot features
Level
Directions
Stanley to Foothill..
Standard status
Active
APN
4755952
Size
3,406 SF
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1961
Number of units
4
Building materials
Frame
Listing Agency:
EXP Realty of California, Inc
(888) 584-9427
Listed By:
Tim Fiebig · License #00657474
(510) 708-8700
Added: Nov 14, 2025
Changed: Jul 30
Last Checked: Aug 1 at 5:06PM
MLS# 41117497
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 multifamily property in Oakland, California, presents a significant investment opportunity. The property features four units: one 3-bedroom, 1-bath unit; two 2-bedroom, 1-bath units; and one 1-bedroom, 1-bath unit. With a total property size of 3406 square feet and situated on a lot of 0.1445 acres, this property offers strong income potential. The property requires some work and TLC, making it ideal for investors or owner-users looking to renovate, add value, and boost rental income. Potential uses include fixing it up and holding for rental income, living in one unit and renting the others, or flipping for profit once improvements are complete. This property is located in Oakland, California.
Key Highlights
- 4‑unit property with unit mix: one 3‑bed/1‑bath, two 2‑bed/1‑bath units, and one 1‑bed/1‑bath unit
- Frame construction; built in 1961
- Public water and public sewer connected
Financial Insights For Apartment 5plus
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 | $118.5k | $34.80 |
| − Vacancy | −$6.2k | −$1.81 |
| EGI | $112.4k | $32.99 |
| − OpEx | −$50.6k | −$14.85 |
| NOI | $61.8k | $18.14 |
3,406 SF · lease $34.80/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$984.9K
$861.8K – $1.15M
NOI $68,944 @ 7.0% cap · market cap 9.86%
Second Best
Apartment 5plus
$882.9K
$772.5K – $1.03M
NOI $61,801 @ 7.0% cap · market cap 8.84%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
621
Businesses Nearby
Explore this area
Business Placement
Demographics for 94605, CA
44,294
Population
17,686
Households
2.5
Avg Household Size
39
Median Age
43%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
5,033
Density / Sq Mi
$101,043
Median Household Income
$62,590
Median Earnings
$1,867
Median Rent
$840,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with income potential in Oakland, California.
Where is this quadplex located?
The property is located at 2805 106th Ave Oakland, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 4‑unit property with unit mix: one 3‑bed/1‑bath, two 2‑bed/1‑bath units, and one 1‑bed/1‑bath unit; Frame construction; built in 1961; Public water and public sewer connected
