Renovated Quadplex with Roof
For Sale
$1,100,000
Pending
1112 E 28th St, Oakland, CA 94610
Four-unit income property with separate meters, garages, and two vacant residences available for immediate occupancy.
Property Size3,340 SF
Lot Size0.08 Acres
Days on Market50
Property Features for 1112 E 28th St
General Information
Standard status
Pending
Size
3,340 SF
Total Parking Spaces
4
Lot size
0.08 Acres
Property subtype
Multi-Family
Financials
Asking Price
$1,100,000
Cap Rate
6.27%
Gross Income
$110,575
Site & Location
Neighborhood
Bella Vista
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
4
Building Details
Year Built
1907
Listing Agency:
Coldwell Banker Realty
(916) 972-0212
Listed By:
The Jamison Team
(408) 465-4899
Source:
Tuscanaproperties
Added: Sep 13
Changed: Oct 31
Last Checked: Nov 1 at 4:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This 3,340-square-foot quadplex was built in 1907 on a 3,600-square-foot corner lot at 1112 E 28th St. The property includes four residences, four garages, four separate front entries, and two street addresses. Each unit has its own gas and electric meter. Two units are currently vacant, including the renovated Unit 2802 and a second two-bedroom upstairs residence; the remaining two-bedroom and one-bedroom units are occupied.
Unit 2802 features new wood flooring, a shaker-style kitchen with quartz surfaces and stainless appliances, a frameless glass shower, in-unit laundry, and an approximately 200-square-foot private roof deck. The sewer lateral is certified compliant through 2039. The property is a few blocks from I-580, approximately a five-minute walk from AC Transit, and within a short drive of Lake Merritt and Highland Hospital.
Unit 2802 features new wood flooring, a shaker-style kitchen with quartz surfaces and stainless appliances, a frameless glass shower, in-unit laundry, and an approximately 200-square-foot private roof deck. The sewer lateral is certified compliant through 2039. The property is a few blocks from I-580, approximately a five-minute walk from AC Transit, and within a short drive of Lake Merritt and Highland Hospital.
Key Highlights
- Four‑unit quadplex with four garages and two street addresses
- 3,340 SF building on a 3,600 SF corner lot
- Unit 2802 renovated in 2026 with quartz kitchen, stainless appliances, in‑unit laundry, and private roof deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,545
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,530,900
$1.5M
Cap Rate 7%
$1,093,500
$1.1M
Cap Rate 9%
$850,500
$850.5K
Market Conditions
NOI Build-Up for 3,340 SF
Gross rent
$114.2K $34.20/SF
− Vacancy
−$4.9K −$1.46/SF
EGI
$109.4K $32.74/SF
− OpEx
−$32.8K −$9.82/SF
NOI
$76.5K $22.92/SF
Area
Oakland, CA
Vacancy
4.27%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,530,900
Cap Rate 7%
$1,093,500
Cap Rate 9%
$850,500
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$956.8K – $1.28M
NOI $76,545 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$1.01M
$881.6K – $1.18M
NOI $70,524 @ 7.0% cap · market cap 6.41%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,173
Businesses Nearby
Explore this area
Business Placement
Demographics for 94610, CA
31,261
Population
17,926
Households
1.7
Avg Household Size
39
Median Age
73%
College-Educated
96%
High-School Grad
2.1 sq mi
ZIP Area
14,886
Density / Sq Mi
$130,435
Median Household Income
$90,577
Median Earnings
$2,184
Median Rent
$1,324,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit income property with separate meters, garages, and two vacant residences available for immediate occupancy.
Where is this quadplex located?
The property is located at 1112 E 28th St 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: Four‑unit quadplex with four garages and two street addresses; 3,340 SF building on a 3,600 SF corner lot; Unit 2802 renovated in 2026 with quartz kitchen, stainless appliances, in‑unit laundry, and private roof deck
