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Oakland Triplex Investment Opportunity

3309 64Th Ave Oakland, CA 94605

3309 64Th Ave, Oakland, CA, 94605
$599,888
For Sale
Claim this Listing
$599,888

MULTI_FAMILY - Oakland, CA

Property Size1,639 SF
Lot Size0.08 Acres
Price / SF$366.01
AddedMay 14
Days on Market63
Last RefreshJul 15 at 3:06 pm

Property Features for 3309 64Th Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Rooms
Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 1
Parking features
Garage, Covered, Parking Lot
Exterior features
Front Yard, Side Yard, Terraced Back
Standard status
Active
APN
37A273912
Size
1,639 SF
Lot size
0.08 Acres

Utilities

Heating system
Natural Gas, Wall Furnace
Water source
Public

Building Details

Year built
1939
Number of units
3
Flooring type
Hardwood, Tile, Laminate, Unfinished
Building materials
Stucco
Roof type
Composition

Listing agent Son Luu License #01711002

Listing office Real Estate Ebroker Inc 950 Boardwalk Ste 203, Oceanside, CA

Listing date May 14, 2026

MLS# 41134823 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.


Investment Insights

Based on property information with market context.

This triplex is located in the heart of East Oakland and presents a strong income opportunity. The multi-unit property includes three separate units, making it suitable for investors or owner-occupants seeking rental income. Each unit features spacious living areas, functional layouts, and private entrances. The property is conveniently located near schools, shopping, restaurants, and public transportation, with easy freeway access for convenient commuting throughout the Bay Area. Situated in an established neighborhood, the property benefits from continued growth and development opportunities in the surrounding area. The lot size is 0.0832 acres. The property size is 1639 square feet. This triplex presents exceptional potential in a high-demand rental market.

Key Highlights

  • Triplex with three separate units, plus private entrances for each unit
  • Built in 1939 with stucco exterior and a composition roof
  • Public water and natural gas heating with wall furnace

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 $50.2k $30.60
− Vacancy −$2.8k −$1.68
EGI $47.4k $28.92
− OpEx −$14.2k −$8.68
NOI $33.2k $20.24
1,639 SF · lease $30.60/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$473.9K
$414.7K – $552.9K (±1% cap)
NOI $33,176 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$424.8K
$371.7K – $495.7K (±1% cap)
NOI $29,739 @ 7.0% cap · market cap 4.96%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Spa & Massage Center Parking Lot & Garage Restaurant Hair Salon Skin Care Clinic Big Box & Wholesale Store Accounting Firm

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

FAQs

What type of property is this?
Triplex - Well-located East Oakland triplex with income potential.
Where is this triplex located?
The property is located at 3309 64Th Ave Oakland, CA.
What is the asking price?
The asking price for this property is $599,888.
What are key features of this property?
This property features: Triplex with three separate units, plus private entrances for each unit; Built in 1939 with stucco exterior and a composition roof; Public water and natural gas heating with wall furnace
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