1993 38Th Ave, Oakland, CA 94601
MULTI_FAMILY - Oakland, CA
- Added:
- Nov 13, 2025
- Days on Market:
- 236
- Last Refresh:
- Jul 7 at 4:06 am
Property Features for 1993 38Th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 3
- Parking features
- Garage, Parking Lot
- Exterior features
- Back Yard
- Standard status
- Active
- APN
- 32209110
- Size
- 1,333 SF
- Lot size
- 0.15 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1923
- Flooring type
- Vinyl, Wood
- Building materials
- Stucco
Listing agent Patrick McCarran License #01325072 (925) 899-5536
Listing office Realty One Group Elite 2530 Sand Creek Rd. Ste. B-4, Brentwood, CA (925) 978-1100
Listing date Nov 13, 2025
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex with a 3‑bedroom 1‑bath front unit and a 1‑bedroom 1‑bath back unit
- Includes a garage conversion to a bonus studio unit (permits unknown)
- Rear bonus building space that may allow for adding more units
- Long driveway provides access and potential additional parking
- Public water and public sewer
- 1923 construction with stucco exterior, wood/vinyl flooring, wall furnace heating, and wall/window and window unit cooling
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.6k | $34.20 |
| − Vacancy | −$1.9k | −$1.44 |
| EGI | $43.7k | $32.76 |
| − OpEx | −$13.1k | −$9.83 |
| NOI | $30.6k | $22.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.215295
- Latitude
- 37.780359
