Oakland Fourplex with Income
4709 Foothill Boulevard, Oakland, CA 94601
MULTI_FAMILY - Oakland, CA
Property size:
4,080 SFLot size:
0.12 AcresPrice / SF:
$269/SF- Added:
- Sep 2, 2025
- Days on Market:
- 275
- Last Refresh:
- Jun 2 at 11:06 pm
Property Features for 4709 Foothill Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 12
- Bathrooms
- 8
- Rooms
- Bathroom 6, Bedroom 5, Bathroom 7, Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 1, Bedroom 8, Bathroom 5, Bedroom 1, Bedroom 7, Bedroom 12, Bedroom 9, Bedroom 10, Bedroom 11, Bathroom 4, Bathroom 8, Bedroom 2, Bathroom 2, Bathroom 3
- Parking
- 4
- Parking features
- Side By Side, Covered
- Standard status
- Active
- APN
- 0352399002
- Size
- 4,080 SF
- Lot size
- 0.12 Acres
Building Details
- Year built
- 1941
- Floors in Building
- 2
- Number of units
- 4
Listing agent Sharon Q Lei (415) 271-3306
Listing office eXp Realty of California, Inc 2603 Camino Ramon #200, San Ramon, CA (888) 584-9427
Listing date Sep 2, 2025
MLS# 425070017
Copyright © 2025 San Francisco Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied four‑plex in a high‑demand rental location.
- Each unit features 3 bedrooms and 2 bathrooms.
- Below‑market rents offer future income growth potential.
- Gated complex with 4 parking spaces provides security and convenience.
- Close proximity to Fremont High School, Mills College, major freeways, bus routes, shops, and dining.
- Each unit has a private suite with a spacious floor plan.
Overview
This fully occupied fourplex is located in a prime, high-demand rental location in Oakland, California. The property contains four units, each featuring 3 bedrooms and 2 bathrooms, as well as a private suite and a spacious floor plan. The current rents are below market value, presenting the potential for future income growth. The gated complex includes 4 parking spaces, providing security and convenience for residents. The property is situated half a block from Fremont High School and is also located minutes from Mills College, major freeways, bus routes, shops, and dining options. The lot size is 0.1154 acres. The property size is 4080 square feet. This property represents a solid investment opportunity with stable occupancy and long-term upside.
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 | $139.5k | $34.20 |
| − Vacancy | −$5.9k | −$1.44 |
| EGI | $133.7k | $32.76 |
| − OpEx | −$40.1k | −$9.83 |
| NOI | $93.6k | $22.93 |
4,080 SF · lease $34.20/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.34M
$1.17M – $1.56M
NOI $93,573 @ 7.0% cap · market cap 8.51%
Second Best
Apartment 5plus
$1.24M
$1.09M – $1.45M
NOI $86,871 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M
NOI $116,414 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.2086166
- Latitude
- 37.772903
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fully occupied fourplex in high-demand location with income growth potential.
Where is this quadplex located?
The property is located at 4709 Foothill Boulevard Oakland, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Fully occupied four‑plex in a high‑demand rental location.; Each unit features 3 bedrooms and 2 bathrooms.; Below‑market rents offer future income growth potential.
