5-Unit Apartment
New
For Sale
$935,000
532 25th St, Oakland, CA 94612
Residential Income, Oakland, CA
Property Size2,255 SF
Lot Size0.07 Acres
Price / SF$414.63
Days on Market1
Property Features for 532 25th St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
D-DT-RXD-DT-RX
Bedrooms
5
Bathrooms
5
Full bathrooms
1
Rooms
Bedroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 5
Parking
1
Parking features
Driveway
Window features
Double Pane Windows
Lot features
Fenced, Back Yard
Directions
Property is located on 25th Street in Uptown Oakland.
Subdivision
Out of Area
Standard status
Active
APN
008-0676-007
Size
2,255 SF
Lot size
0.07 Acres
Amenities
dual-pane windows
shared on-site laundry
Building Details
Year built
1908
Floors in Building
2
Number of units
5
Roof type
Asphalt
Listing Agency:
eXp Realty of California Inc
(888) 584-9427
Listed By:
Lawrence King · License #01953575
(424) 238-3892
Added: Sep 29
Last Checked: Sep 29 at 9:06PM
MLS# 26994045
Copyright © 2026 The MLS/CLAW. 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 two-story stucco apartment property contains five one-bedroom, one-bathroom units across 2,255 square feet. Built in 1908, the building sits on a 3,000-square-foot lot and is fully occupied. Individual gas and electric meters, dual-pane windows, a shared laundry area, and one off-street parking space are among its features.
The property is in Oakland’s Uptown area, near the KONO arts corridor, Fox and Paramount theaters, the Kaiser and Sutter medical district, restaurants, and galleries. Transit is approximately a 10-minute walk away.
The property is in Oakland’s Uptown area, near the KONO arts corridor, Fox and Paramount theaters, the Kaiser and Sutter medical district, restaurants, and galleries. Transit is approximately a 10-minute walk away.
Key Highlights
- Five units, each configured with one bedroom and one bathroom
- 2,255‑square‑foot, two‑story stucco building constructed in 1908
- 3,000‑square‑foot lot in Oakland’s Uptown area
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
$47,614
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
5.09%
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%
$952,280
$952.3K
Cap Rate 7%
$680,200
$680.2K
Cap Rate 9%
$529,044
$529.0K
Market Conditions
NOI Build-Up for 2,255 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
$90.7K $40.20/SF
− Vacancy
−$4.1K −$1.81/SF
EGI
$86.6K $38.39/SF
− OpEx
−$39.0K −$17.28/SF
NOI
$47.6K $21.12/SF
Area
Oakland, CA
Vacancy
4.50%
Lease Rate
$40.20 /SF/Yr
Expense Ratio
45.00%
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%
$952,280
Cap Rate 7%
$680,200
Cap Rate 9%
$529,044
Alternative Uses
Best Use
Apartment 5plus
$680.2K
$595.2K – $793.6K
NOI $47,614 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$738.3K
$646.0K – $861.3K
NOI $51,680 @ 7.0% cap · market cap 5.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
5
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
6,765
Businesses Nearby
Explore this area
Business Placement
Demographics for 94612, CA
19,773
Population
11,928
Households
1.7
Avg Household Size
38
Median Age
54%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
19,773
Density / Sq Mi
$77,069
Median Household Income
$70,221
Median Earnings
$1,936
Median Rent
$814,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Separate gas and electric meters serve the units, alongside shared laundry and off-street parking.
Where is this apartment building located?
The property is located at 532 25th St Oakland, CA.
What is the asking price?
The asking price for this property is $935,000.
What are key features of this property?
This property features: Five units, each configured with one bedroom and one bathroom; 2,255‑square‑foot, two‑story stucco building constructed in 1908; 3,000‑square‑foot lot in Oakland’s Uptown area
