Oakland 4-Plex Near
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
(925) 785-6488
Listed by
Crystal Florida · License #02046184
(925) 785-6488
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
Similar For Sale Nearby
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).