Four-Unit Brick
For Sale
$1,690,000
1682 Oxford St, Berkeley, CA 94709
Bright multifamily property with landscaped grounds near UC Berkeley, downtown amenities, and public transit.
Property Size2,396 SF
Price / SF$705.34
Days on Market175
Property Features for 1682 Oxford St
General Information
Standard status
Active
Size
2,396 SF
Property subtype
Multi Family
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
4
Amenities
landscaped exterior spaces
Building Details
Year Built
1940
Buildings
1
Listing Agency:
Intero Real Estate Services
(925) 621-6200
Listed By:
Megan Zang · License #01497990
(925) 699-6889
Source:
Exitrealty
Added: Mar 12
Changed: Sep 1
Last Checked: Sep 1 at 5:23PM
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 Intero Real Estate Services
Investment Insights
Based on property information with market context.
Built in 1940, this four-unit residential building contains approximately 2,396 square feet and presents classic brick and stucco detailing. Multiple window exposures bring natural light across the levels, while the brick stair entry and balanced exterior proportions add architectural character. The property is positioned with landscaped areas and a setback from the street, creating separation from the surrounding low-rise residences.
The building is located a few blocks from the UC Berkeley campus and near downtown dining, amenities, and transit. Its Oxford Street setting places it within an established residential area with mature landscaping and neighborhood views. The fourplex format offers a clearly defined multifamily configuration for ownership and rental use.
The building is located a few blocks from the UC Berkeley campus and near downtown dining, amenities, and transit. Its Oxford Street setting places it within an established residential area with mature landscaping and neighborhood views. The fourplex format offers a clearly defined multifamily configuration for ownership and rental use.
Key Highlights
- Four‑unit residential building with approximately 2,396 square feet
- Built in 1940
- Brick and stucco exterior with a brick stair entry
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$54,378
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,087,560
$1.1M
Cap Rate 7%
$776,829
$776.8K
Cap Rate 9%
$604,200
$604.2K
Market Conditions
NOI Build-Up for 2,396 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$81.9K $34.20/SF
− Vacancy
−$4.3K −$1.78/SF
EGI
$77.7K $32.42/SF
− OpEx
−$23.3K −$9.73/SF
NOI
$54.4K $22.70/SF
Area
Berkeley, CA
Vacancy
5.20%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,087,560
Cap Rate 7%
$776,829
Cap Rate 9%
$604,200
Alternative Uses
Best Use
Multifamily LT 5
$776.8K
$679.7K – $906.3K
NOI $54,378 @ 7.0% cap · market cap 3.22%
Second Best
Apartment 5plus
$680.3K
$595.3K – $793.7K
NOI $47,623 @ 7.0% cap · market cap 2.82%
Theoretical Best
Specialty Retail
$926.6K
$810.8K – $1.08M
NOI $64,865 @ 7.0% cap · market cap 3.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,697
Businesses Nearby
Explore this area
Business Placement
Demographics for 94709, CA
12,514
Population
6,139
Households
2
Avg Household Size
29
Median Age
80%
College-Educated
96%
High-School Grad
0.7 sq mi
ZIP Area
17,877
Density / Sq Mi
$95,223
Median Household Income
$42,958
Median Earnings
$1,988
Median Rent
$1,240,500
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 - Bright multifamily property with landscaped grounds near UC Berkeley, downtown amenities, and public transit.
Where is this quadplex located?
The property is located at 1682 Oxford St Berkeley, CA.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: Four‑unit residential building with approximately 2,396 square feet; Built in 1940; Brick and stucco exterior with a brick stair entry
