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    3314 Farnam St Oakland, CA 94601

    For Sale
    $795,000

    Four-unit apartment building in Oakland, CA, built in 1923.

    Lot size:
    0.09 Acres

    Property Features for 3314 Farnam St

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1923

    Source: Oak Tree Property Group Agent Stephen Pagones

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oakland Multifamily Investment Opportunity

    Located in Oakland, CA, 3314 Farnam Street presents an investment opportunity for qualified investors. Constructed in 1923, this well-maintained apartment community comprises 4 units. The unit mix includes 1 two-bedroom, two-bathroom unit and 3 two-bedroom, one-bathroom units. Each unit has individual gas and electric meters. Residents benefit from secure, gated access and a shared backyard. There is an opportunity to increase cash flow through potential conversion of the 3 storage units into ADU's, capital expenditure pass throughs and rent increases. Buyer shall be responsible for verifying unit determination.
    Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.2239434
    Latitude
    37.7778557

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    FAQs

    What type of property is this?
    Quadplex - Four-unit apartment building in Oakland, CA, built in 1923.
    Where is this quadplex located?
    The property is located at 3314 Farnam St Oakland, CA.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Opportunity to increase cash flow through potential ADU conversion of 3 storage units.; - Well-maintained 4-unit apartment building.; - Desirable unit mix: 1 large 2-bed/2-bath unit and 3 2-bed/1-bath units.
    (510) 255-2248
    Request Owner's contact information
    3314 Farnam St Oakland, CA 94601
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    Oakland, CA 94601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3314 Farnam St Oakland, CA 94601
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