2802 38th Ave, Oakland, CA 94619
MULTI_FAMILY - Oakland, CA
- Added:
- Apr 30, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 18 at 11:06 am
Property Features for 2802 38th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 7, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2
- Parking features
- Garage, Covered, On Street, Carport
- Window features
- Window Coverings
- Fencing
- Fenced
- Appliances
- Gas Water Heater
- Standard status
- Active
- APN
- 32205431
- Size
- 3,171 SF
- Lot size
- 0.08 Acres
Utilities
- Heating system
- Electric (Heating), Natural Gas
Building Details
- Year built
- 1925
- Number of units
- 4
- Flooring type
- Concrete, Tile, Laminate, Carpet
- Building materials
- Concrete, Stucco, Frame, Wood Siding, Wood, Shingle Siding
- Roof type
- Shingle
Listing agent Grace Nguyen (510) 304-0888
Listing office Realty ONE Group Future 2355 San Ramon Valley Bl #100, San Ramon, CA (925) 230-0700
Listing date Apr 30, 2026
Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mixed‑use property with 3 residential units (two 2BR/1BA and one 3BR/1BA) plus 1 commercial space
- Currently generating approximately $7,500/month, totaling $90,000+ annually (figures per provided remarks)
- Tenants responsible for most utilities, helping keep operating expenses low (per provided remarks)
- Built in 1925 with a mix of concrete, stucco, frame, and wood siding construction
- Roof is shingle; includes gas water heater and both electric and natural gas heating (per provided records)
- Parking includes garage, covered parking, carport, and on‑street spaces; property has fencing
Overview
Local Financial Insights For Apartment 5plus
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 | $127.5k | $40.20 |
| − Vacancy | −$5.7k | −$1.81 |
| EGI | $121.7k | $38.39 |
| − OpEx | −$54.8k | −$17.28 |
| NOI | $67.0k | $21.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.20537
- Latitude
- 37.786236
