4-Unit Multifamily
New
For Sale
$799,000
128 Catron Dr, Oakland, CA 94603
Residential Income, Oakland, CA
Property Size3,038 SF
Lot Size0.14 Acres
Price / SF$263
Days on Market3
Property Features for 128 Catron Dr
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 4, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 6, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 4
Parking features
Off Street, Parking Lot
Exterior features
Back Yard
Subdivision
Brookfield Villg
Lot features
Cul-De-Sac
High school district
Oakland (510) 879-8111
Directions
catron
Standard status
Active
APN
455419422
Size
3,038 SF
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Water source
Public
Building Details
Year built
1965
Number of units
4
Flooring type
Laminate, Vinyl, Tile
Building materials
Stucco
Roof type
Shingle
Listing Agency:
Compass
(925) 251-1111
Listed By:
Kevin Jacky Hom · License #02046184
(510) 896-0188
Added: Oct 13
Last Checked: Oct 15 at 10:06AM
MLS# 41151050
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit multifamily property at 128 Catron Dr in Oakland contains 3,038 square feet across a 0.135-acre parcel. Built in 1965, the building has stucco exterior walls, a shingle roof, and laminate, vinyl, and tile flooring. The room list identifies six bedrooms and four bathrooms across the property. Two units are delivered vacant.
On-site features include a back yard and off-street parking in a parking lot. The property is served by public water and public sewer, with wall furnaces for heating. Oakland Airport is described as minutes away.
On-site features include a back yard and off-street parking in a parking lot. The property is served by public water and public sewer, with wall furnaces for heating. Oakland Airport is described as minutes away.
Key Highlights
- Four‑unit property with 3,038 square feet of building area
- Two units delivered vacant
- Six bedrooms and four bathrooms across the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,037
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,240,740
$1.2M
Cap Rate 7%
$886,243
$886.2K
Cap Rate 9%
$689,300
$689.3K
Market Conditions
NOI Build-Up for 3,038 SF
Gross rent
$94.8K $31.20/SF
− Vacancy
−$6.2K −$2.03/SF
EGI
$88.6K $29.17/SF
− OpEx
−$26.6K −$8.75/SF
NOI
$62.0K $20.42/SF
Area
ZIP 94603
Vacancy
6.50%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,240,740
Cap Rate 7%
$886,243
Cap Rate 9%
$689,300
Alternative Uses
Best Use
Multifamily LT 5
$886.2K
$775.5K – $1.03M
NOI $62,037 @ 7.0% cap · market cap 7.76%
Second Best
Apartment 5plus
$822.2K
$719.4K – $959.2K
NOI $57,551 @ 7.0% cap · market cap 7.20%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Two units are delivered vacant, and the property has off-street parking.
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 $799,000.
What are key features of this property?
This property features: Four‑unit property with 3,038 square feet of building area; Two units delivered vacant; Six bedrooms and four bathrooms across the property
