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Triplex with Three Garages
New
For Sale
$675,000

2771 76th Avenue, Oakland, CA 94605

Tenant-occupied residential property with separate utility meters, coin-operated laundry, patios, and a fenced yard.

Property Size2,256 SF
Price / SF$299.20
Days on Market5

Property Features for 2771 76th Avenue

General Information

Standard status Active
Size 2,256 SF
Total Parking Spaces 3
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR, 2 x 1BR
Multifamily Units 3

Amenities

coin-operated laundry
security gates
patios
fenced yard

Building Details

Year Built 1946
Tenancy Multi
Listing Agency: Brittingham And Associates Corp
Listed By: Inspired Real Estate Group Inc
Source: Inspiredrealestategroup
Added: Oct 7 Changed: Oct 11 Last Checked: Oct 11 at 8:12AM

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 Brittingham And Associates Corp

Investment Insights

Based on property information with market context.

This 1946 triplex contains 2,256 square feet across three units: one two-bedroom residence and two one-bedroom residences. The property includes three garages, coin-operated laundry, separate utility meters, security gates, patios, and a fenced yard. It is tenant-occupied and offered as-is; showings are by appointment, and tenants should not be disturbed.

The property is on 76th Avenue in Oakland, near MacArthur Boulevard, shopping, transportation, and major commuter routes.

Key Highlights

  • Three‑unit property with one two‑bedroom unit and two one‑bedroom units
  • 2,256 square feet; built in 1946
  • Three garages

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,666
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$913,320 $913.3K
Cap Rate 7%
$652,371 $652.4K
Cap Rate 9%
$507,400 $507.4K
Market Conditions
NOI Build-Up for 2,256 SF
Gross rent
$69.0K $30.60/SF
− Vacancy
−$3.8K −$1.68/SF
EGI
$65.2K $28.92/SF
− OpEx
−$19.6K −$8.68/SF
NOI
$45.7K $20.24/SF
Area
ZIP 94605
Vacancy
5.50%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$913,320
Cap Rate 7%
$652,371
Cap Rate 9%
$507,400

Alternative Uses

Best Use
Multifamily LT 5
$652.4K
$570.8K – $761.1K (±1% cap)
NOI $45,666 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$584.8K
$511.7K – $682.2K (±1% cap)
NOI $40,934 @ 7.0% cap · market cap 6.06%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Parking Lot & Garage Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

733
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Tenant-occupied residential property with separate utility meters, coin-operated laundry, patios, and a fenced yard.
Where is this triplex located?
The property is located at 2771 76th Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Three‑unit property with one two‑bedroom unit and two one‑bedroom units; 2,256 square feet; built in 1946; Three garages
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