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Oakland 4-Plex Near Airport

128 Catron Dr Oakland, CA 94603

128 Catron Dr, Oakland, CA, 94603
$825,000
For Sale
$825,000

Well-maintained 4-plex near Oakland Airport with strong income potential.

Days on Market89

Property Features for 128 Catron Dr

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1965
Listing agency Compass
Listed by Crystal Florida · License #02046184
Source Elliman
Added: Apr 24 Updated: Jul 10 at 1:18PM Checked: Jul 21 at 5:13AM

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 Compass


Investment Insights

Based on property information with market context.

This 4-plex is located minutes from Oakland Airport. The property is a remarkable investment opportunity, offering low expenses and significant recent capital improvements. Each unit provides comfortable living spaces with modern amenities. The property features a versatile unit mix, catering to a variety of tenant needs with two units delivered vacant. Each unit is designed for functionality and comfort, with spacious layouts that include bright living areas, fully equipped kitchens, and generous bedroom sizes. The property has an estimated total rental income of $8,350 per month, a Gross Rent Multiplier (GRM) of 8.98 and a cap rate of 7.24%. With its low maintenance costs due to recent upgrades and market rents, this property promises a steady and profitable rental income. The property is very bikeable with a bike score of 76, very walkable with a walk score of 79, and has good transit with a transit score of 61.

Key Highlights

  • High Income Potential: Estimated $8,350/month rental income with a 7.24% cap rate and 8.98 GRM.
  • Two Vacant Units: Provides immediate rental income and the opportunity to set market rents.
  • Prime Location: Minutes from Oakland Airport, with high walkability (79), bikeability (76), and good transit (61).

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Skin Care Clinic Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Hotel & Motel (Bike/Boat/Book/etc) Store Gym & Fitness Center Pet Grooming Service

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

FAQs

What type of property is this?
Quadplex - Well-maintained 4-plex near Oakland Airport with strong income potential.
Where is this quadplex located?
The property is located at 128 Catron Dr Oakland, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: High Income Potential: Estimated $8,350/month rental income with a 7.24% cap rate and 8.98 GRM.; Two Vacant Units: Provides immediate rental income and the opportunity to set market rents.; Prime Location: Minutes from Oakland Airport, with high walkability (79), bikeability (76), and good transit (61).
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