Triplex with Detached and Junior
For Sale
$899,000
3035 Logan St, Oakland, CA 94601
MULTI_FAMILY - Oakland, CA
Property Size2,700 SF
Lot Size0.10 Acres
Price / SF$332.96
Days on Market33
Property Features for 3035 Logan St
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
6
Bathrooms
8
Full bathrooms
8
Rooms
Bathroom 7, Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 6, Bathroom 2, Bathroom 8, Bathroom 5, Bathroom 6, Bathroom 4
Parking features
Off Street
Exterior features
Back Yard
Fencing
Fenced
Subdivision
Fruitvale
Directions
GPS..
Standard status
Active
APN
2676726
Size
2,700 SF
Lot size
0.10 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1908
Number of units
3
Flooring type
Laminate
Roof type
Composition
Listing Agency:
EXP Realty of California, Inc
(888) 584-9427
Listed By:
Nicholas Liesenfeld · License #01364555
(510) 606-0107
Added: Jul 14
Changed: Aug 12
Last Checked: Aug 15 at 4:06AM
MLS# 41141579
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.
3035 Logan St is a remodeled triplex property designed for flexible living and rental options, featuring a spacious main residence, a detached ADU, and a junior ADU. The layout supports multiple living arrangements while maintaining privacy and functionality, and the home includes all appliances.
The property is set on a fenced lot with a back yard and off-street parking. Interior finishes include laminate flooring, and the roof is composition. Public water and public sewer services are available.
Built in 1908, the home totals 2,700 square feet and includes 6 bedrooms and 8 bathrooms across the multiple living spaces and ADUs, making it well-suited for owner occupancy with supplemental rental income or multigenerational use.
The property is set on a fenced lot with a back yard and off-street parking. Interior finishes include laminate flooring, and the roof is composition. Public water and public sewer services are available.
Built in 1908, the home totals 2,700 square feet and includes 6 bedrooms and 8 bathrooms across the multiple living spaces and ADUs, making it well-suited for owner occupancy with supplemental rental income or multigenerational use.
Key Highlights
- Main residence plus detached ADU and junior ADU for flexible living and rental options
- Remodeled interior includes all appliances
- 2,700 SF total with 6 bedrooms and 8 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$61,923
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,238,460
$1.2M
Cap Rate 7%
$884,614
$884.6K
Cap Rate 9%
$688,033
$688.0K
Market Conditions
NOI Build-Up for 2,700 SF
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.
Gross rent
$92.3K $34.20/SF
− Vacancy
−$3.9K −$1.44/SF
EGI
$88.5K $32.76/SF
− OpEx
−$26.5K −$9.83/SF
NOI
$61.9K $22.93/SF
Area
ZIP 94601
Vacancy
4.20%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,238,460
Cap Rate 7%
$884,614
Cap Rate 9%
$688,033
Alternative Uses
Best Use
Multifamily LT 5
$884.6K
$774.0K – $1.03M
NOI $61,923 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$821.3K
$718.6K – $958.1K
NOI $57,488 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$1.10M
$963.0K – $1.28M
NOI $77,038 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,011
Businesses Nearby
Explore this area
Business Placement
Demographics for 94601, CA
54,166
Population
17,454
Households
3.1
Avg Household Size
35
Median Age
24%
College-Educated
70%
High-School Grad
3.2 sq mi
ZIP Area
16,927
Density / Sq Mi
$66,651
Median Household Income
$37,765
Median Earnings
$1,651
Median Rent
$703,100
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?
Triplex - Remodeled triplex on a fenced lot with off-street parking and public utilities, featuring a main residence plus detached ADU and junior ADU.
Where is this triplex located?
The property is located at 3035 Logan St Oakland, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Main residence plus detached ADU and junior ADU for flexible living and rental options; Remodeled interior includes all appliances; 2,700 SF total with 6 bedrooms and 8 bathrooms
