39-Unit Apartment
For Sale
$6,995,000
26th, Oakland, CA 94601
ResidentialIncome, Oakland, CA
Property Size25,447 SF
Lot Size0.26 Acres
Price / SF$274.89
Days on Market13
Property Features for 26th
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RU-1
Elementary school
OaklandUnified
High school
OaklandUnified
Elementary school district
OaklandUnified
High school district
OaklandUnified
Subdivision
OaklandZipCode94601
Standard status
Active
APN
025-0734-001
Size
25,447 SF
Lot size
0.26 Acres
Amenities
Lifetime GAF roof warranty
separately metered gas and electric
on-site laundry
Building Details
Year built
1928
Listing Agency:
KW Advisors · Keller Williams Realty
(650) 627-3700
Listed By:
Alina Siert · License #01893238
(408) 712-7692
Added: Oct 9
Changed: Oct 21
Last Checked: Oct 21 at 9:06AM
MLS# ML82064243
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 39-apartment property occupies a three-story building completed in 1928. Its 25,447 square feet include 9 studios, 16 one-bedroom apartments and 14 two-bedroom apartments, on a 10,951-square-foot lot. Approximately 80% of the units have renovated interiors, including updated kitchens and bathrooms, newer windows and flooring. The property also has a GAF roof with a lifetime warranty, separately metered gas and electricity, and on-site laundry. Oakland approved a soft-story exemption in 2025.
The property is offered only as part of larger portfolio packages, rather than as an individual sale. Fruitvale BART and Fruitvale Village are approximately 0.7 miles away.
The property is offered only as part of larger portfolio packages, rather than as an individual sale. Fruitvale BART and Fruitvale Village are approximately 0.7 miles away.
Key Highlights
- 39 apartments: 9 studios, 16 one‑bedrooms and 14 two‑bedrooms
- 25,447 SF building on a 10,951 SF lot
- Three‑story building constructed in 1928
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$541,816
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,836,320
$10.8M
Cap Rate 7%
$7,740,229
$7.7M
Cap Rate 9%
$6,020,178
$6.0M
Market Conditions
NOI Build-Up for 25,447 SF
Gross rent
$1.02M $40.20/SF
− Vacancy
−$37.8K −$1.49/SF
EGI
$985.1K $38.71/SF
− OpEx
−$443.3K −$17.42/SF
NOI
$541.8K $21.29/SF
Area
ZIP 94601
Vacancy
3.70%
Lease Rate
$40.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,836,320
Cap Rate 7%
$7,740,229
Cap Rate 9%
$6,020,178
Alternative Uses
Best Use
Apartment 5plus
$7.74M
$6.77M – $9.03M
NOI $541,816 @ 7.0% cap · market cap 7.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.37M
$9.08M – $12.10M
NOI $726,073 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,132
Businesses Nearby
Explore this area
Business Placement
Demographics for 94601, CA
54,166
Population
17,454
Households
3.1
Avg Household Size
35
Median Age
24%
College-Educated
70%
High-School Grad
3.2 sq mi
ZIP Area
16,927
Density / Sq Mi
$66,651
Median Household Income
$37,765
Median Earnings
$1,651
Median Rent
$703,100
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?
Apartment building - Most apartments feature refreshed kitchens and baths, alongside on-site laundry facilities.
Where is this apartment building located?
The property is located at 26th Oakland, CA.
What is the asking price?
The asking price for this property is $6,995,000.
What are key features of this property?
This property features: 39 apartments: 9 studios, 16 one‑bedrooms and 14 two‑bedrooms; 25,447 SF building on a 10,951 SF lot; Three‑story building constructed in 1928
