27th ave, Oakland, CA 94601
Seven-unit property with significant rental upside potential.
- Added:
- Aug 22, 2025
- Days on Market:
- 304
- Last Refresh:
- Apr 5 at 8:59 pm
Property Features for 27th ave
General Information
- Standard status
- Active
- Size
- 3,688 SF
- Lot size
- 0.08 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1920
Listing agent KEN WU License #DRE #02131550
Listing office COMPASS (415) 929-7100
Listing date Aug 22, 2025
Source Corcoran
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 COMPASS
HighLights
- Compelling 6.08% cap rate and 9.32 GRM at $142,000 per unit.
- Significant rental upside of over 30% to increase NOI.
- Two buildings (five‑unit and duplex) enclosed by a perimeter fence for privacy and security.
- Five of seven units have updated kitchens and bathrooms.
- Upgraded electrical subpanels throughout the property.
- Year Built: 1920
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 | $126.1k | $34.20 |
| − Vacancy | −$5.3k | −$1.44 |
| EGI | $120.8k | $32.76 |
| − OpEx | −$36.2k | −$9.83 |
| NOI | $84.6k | $22.93 |
Alternative Uses
Current Use by Public Records
Map
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.235
- Latitude
- 37.7767
