Five-Property Multifamily
For Sale
$3,415,000
1932 6th Avenue, Oakland, CA 94606
Five multifamily assets are offered across Oakland and El Sobrante, California.
Property Size9,148 SF
Price / SF$373.31
Days on Market61
Property Features for 1932 6th Avenue
General Information
Standard status
Active
Size
9,148 SF
Property subtype
Multi-Family
Building Details
Buildings
5
Tenancy
Multi
Listing Agency:
Achievers Real Estate & Loans
Listed By:
Readdress
(415) 275-0229
Source:
Readdress
Added: Aug 18
Changed: Oct 16
Last Checked: Oct 16 at 8:37AM
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 Achievers Real Estate & Loans
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Investment Insights
Based on property information with market context.
This multifamily portfolio comprises five separate properties distributed across Oakland and El Sobrante, California. The assets are identified at 14 Whitmore Place, 5527 Shattuck Avenue, 5601 Shattuck Avenue, 1932 6th Avenue, 484 37th Street, and 4230 San Pablo Dam Road.
The offering spans three East Bay submarkets, with four listed properties in Oakland and one in El Sobrante. The Oakland assets include two locations on Shattuck Avenue, along with properties on Whitmore Place, 6th Avenue, and 37th Street. The El Sobrante property is located on San Pablo Dam Road.
The offering spans three East Bay submarkets, with four listed properties in Oakland and one in El Sobrante. The Oakland assets include two locations on Shattuck Avenue, along with properties on Whitmore Place, 6th Avenue, and 37th Street. The El Sobrante property is located on San Pablo Dam Road.
Key Highlights
- Five multifamily properties included in one portfolio
- Four Oakland properties and one El Sobrante property
- Oakland assets at 14 Whitmore Place, 5527 Shattuck Avenue, 5601 Shattuck Avenue, 1932 6th Avenue, and 484 37th Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$179,727
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,594,540
$3.6M
Cap Rate 7%
$2,567,529
$2.6M
Cap Rate 9%
$1,996,967
$2.0M
Market Conditions
NOI Build-Up for 9,148 SF
Gross rent
$345.8K $37.80/SF
− Vacancy
−$19.0K −$2.08/SF
EGI
$326.8K $35.72/SF
− OpEx
−$147.0K −$16.07/SF
NOI
$179.7K $19.65/SF
Area
ZIP 94606
Vacancy
5.50%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,594,540
Cap Rate 7%
$2,567,529
Cap Rate 9%
$1,996,967
Alternative Uses
Best Use
Apartment 5plus
$2.57M
$2.25M – $3.00M
NOI $179,727 @ 7.0% cap · market cap 5.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.17M
$3.65M – $4.86M
NOI $291,706 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,449
Businesses Nearby
Explore this area
Business Placement
Demographics for 94606, CA
40,768
Population
17,457
Households
2.3
Avg Household Size
37
Median Age
40%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
17,725
Density / Sq Mi
$70,769
Median Household Income
$47,558
Median Earnings
$1,775
Median Rent
$747,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Five multifamily assets are offered across Oakland and El Sobrante, California.
Where is this multifamily property located?
The property is located at 1932 6th Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $3,415,000.
What are key features of this property?
This property features: Five multifamily properties included in one portfolio; Four Oakland properties and one El Sobrante property; Oakland assets at 14 Whitmore Place, 5527 Shattuck Avenue, 5601 Shattuck Avenue, 1932 6th Avenue, and 484 37th Street
