Classic Quadplex with Bonus
For Sale
$1,988,000
260 Park View Terrace, Oakland, CA 94610
1906 multifamily property with a four-bedroom unit scheduled for vacancy at closing.
Property Size3,322 SF
Price / SF$598.43
Days on Market91
Property Features for 260 Park View Terrace
General Information
Standard status
Active
Size
3,322 SF
Property subtype
Quadruplex
Building Details
Building Size
3,322 SF
Year Built
1906
Tenancy
Multi
Listing Agency:
BellStreet Inc.
(650) 282-0477
Listed By:
Amit Urban · License #01998926
(650) 282-0477
Source:
Annnewtoncane
Added: May 4
Changed: Jul 31
Last Checked: Aug 1 at 11:03AM
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 BellStreet Inc.
Investment Insights
Based on property information with market context.
This 1906 multifamily property includes four units plus one bonus unit across 3,322 SF. The building features classic architecture and a spacious 4-bedroom unit scheduled to be delivered vacant at the Close of Escrow, providing flexibility for occupancy, renovation, or leasing. The property supports both owner-occupancy and rental-income use as a multi-unit residential asset.
Located at 260 Park View Terrace in Oakland’s Adams Point neighborhood, the property is steps from the shores of Lake Merritt. Dining, parks, transit, restaurants, and shopping are nearby within the surrounding urban community.
Located at 260 Park View Terrace in Oakland’s Adams Point neighborhood, the property is steps from the shores of Lake Merritt. Dining, parks, transit, restaurants, and shopping are nearby within the surrounding urban community.
Key Highlights
- Four units plus one bonus unit across 3,322 SF
- 1906 multifamily property with classic architecture
- Spacious 4‑bedroom unit to be delivered vacant at the Close of Escrow
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 | $113.6k | $34.20 |
| − Vacancy | −$4.9k | −$1.46 |
| EGI | $108.8k | $32.74 |
| − OpEx | −$32.6k | −$9.82 |
| NOI | $76.1k | $22.92 |
3,322 SF · lease $34.20/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$951.7K – $1.27M
NOI $76,133 @ 7.0% cap · market cap 3.83%
Second Best
Apartment 5plus
$1.00M
$876.8K – $1.17M
NOI $70,144 @ 7.0% cap · market cap 3.53%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
7,068
Businesses Nearby
Explore this area
Business Placement
Demographics for 94610, CA
31,261
Population
17,926
Households
1.7
Avg Household Size
39
Median Age
73%
College-Educated
96%
High-School Grad
2.1 sq mi
ZIP Area
14,886
Density / Sq Mi
$130,435
Median Household Income
$90,577
Median Earnings
$2,184
Median Rent
$1,324,500
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 - 1906 multifamily property with a four-bedroom unit scheduled for vacancy at closing.
Where is this quadplex located?
The property is located at 260 Park View Terrace Oakland, CA.
What is the asking price?
The asking price for this property is $1,988,000.
What are key features of this property?
This property features: Four units plus one bonus unit across 3,322 SF; 1906 multifamily property with classic architecture; Spacious 4‑bedroom unit to be delivered vacant at the Close of Escrow
