Oakland 4-Plex Near
For Sale
$825,000
128 Catron Dr, Oakland, CA 94603
Well-maintained 4-plex near Oakland Airport with strong income potential.
Days on Market101
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
Changed: Jul 10
Last Checked: Aug 2 at 6:10AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
533
Businesses Nearby
Explore this area
Business Placement
Demographics for 94603, CA
36,681
Population
11,199
Households
3.3
Avg Household Size
32
Median Age
15%
College-Educated
69%
High-School Grad
2.7 sq mi
ZIP Area
13,586
Density / Sq Mi
$71,086
Median Household Income
$37,025
Median Earnings
$1,838
Median Rent
$596,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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).
