Fourplex with On-Site
For Sale
$789,900
2508 79Th Ave, Oakland, CA 94605
MULTI_FAMILY - Oakland, CA
Property Size2,060 SF
Lot Size0.08 Acres
Price / SF$383.45
Days on Market103
Property Features for 2508 79Th Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 1
Parking features
Garage
Exterior features
Back Yard
Fencing
Fenced
Appliances
Gas Water Heater
Subdivision
Oakland
Lot features
Level, Rectangular Lot
Standard status
Active
APN
40338431
Size
2,060 SF
Lot size
0.08 Acres
Utilities
Heating system
Wall Furnace, Natural Gas
Building Details
Year built
1926
Number of units
4
Flooring type
Laminate
Building materials
Stucco
Roof type
Tar/Gravel
Listing Agency:
Intero Real Estate Services
(408) 770-2530
Listed By:
David Azimi
(510) 386-4844
Added: Apr 22
Changed: Aug 2
Last Checked: Aug 2 at 8:06AM
MLS# 41131923
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 fourplex offers functional unit layouts with ample natural light. The property sits on a fenced lot and includes a back yard. Interior finishes noted include laminate flooring, and the home is constructed with stucco exterior materials. Heating is provided by wall furnaces using natural gas, and there is a gas water heater. The roof is described as tar/gravel.
The building was constructed in 1926 and is supported by on-site garage parking. The lot size is 0.0838 acres, and the property size is listed as 2,060 square feet.
Room-level details include bedrooms and multiple bathrooms across the units, supporting a mix of bedroom and bathroom configurations for tenants.
The building was constructed in 1926 and is supported by on-site garage parking. The lot size is 0.0838 acres, and the property size is listed as 2,060 square feet.
Room-level details include bedrooms and multiple bathrooms across the units, supporting a mix of bedroom and bathroom configurations for tenants.
Key Highlights
- Fourplex on a 0.0838‑acre lot
- 2,060 square feet
- Built in 1926 with stucco exterior construction
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 | $63.0k | $30.60 |
| − Vacancy | −$3.5k | −$1.68 |
| EGI | $59.6k | $28.92 |
| − OpEx | −$17.9k | −$8.68 |
| NOI | $41.7k | $20.24 |
2,060 SF · lease $30.60/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$595.7K
$521.2K – $695.0K
NOI $41,698 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$534.0K
$467.2K – $623.0K
NOI $37,378 @ 7.0% cap · market cap 4.73%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
846
Businesses Nearby
Explore this area
Business Placement
Demographics for 94605, CA
44,294
Population
17,686
Households
2.5
Avg Household Size
39
Median Age
43%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
5,033
Density / Sq Mi
$101,043
Median Household Income
$62,590
Median Earnings
$1,867
Median Rent
$840,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Fourplex on a fenced lot with a back yard and garage parking, built in 1926 with natural gas heating.
Where is this quadplex located?
The property is located at 2508 79Th Ave Oakland, CA.
What is the asking price?
The asking price for this property is $789,900.
What are key features of this property?
This property features: Fourplex on a 0.0838‑acre lot; 2,060 square feet; Built in 1926 with stucco exterior construction
